---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-051052"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-20T23:37:17.565968+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Principal Financial names Joel Pitz as permanent CFO, effective May 19, 2025

## Summary
- Joel Pitz appointed Executive Vice President and CFO; he served as interim CFO since August 2024.
- Base salary of $552,500, target annual incentive at 200% of base, and $2.35 million LTI in RSUs.
- Pitz succeeds Deanna Strable, who became President and CEO in January 2025.
- Pitz has been with Principal for 30 years, previously serving as SVP and Controller and CFO for international businesses.
- Spouse Kristine Pitz is a Director – Accounting; her compensation approved by independent HR Committee.

## SEC filing metadata
- accession: 0001104659-25-051052
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465925051052/0001104659-25-051052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465925051052/tm2515690d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-051052
- JSON: https://secwatch.observer/filing/0001104659-25-051052.json
- Plain text: https://secwatch.observer/filing/0001104659-25-051052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.