Deanna Strable elected Chair of Principal Financial Group, effective Sept 2, 2025

PRINCIPAL FINANCIAL GROUP INC

Deanna Strable (President & CEO) elected Board Chair, succeeding Dan Houston, who concludes board service.
Houston served as Chair since 2016 and President & CEO until Jan 7, 2025; he leaves after 40 years.
Strable joined Principal in 1990, held roles including CFO (2017-2024) and President & COO before becoming CEO.
Scott Mills (Independent Lead Director) expressed board confidence in Strable to drive growth and shareholder value.
Strable also serves on Elevance Health and Simpson College boards; is a Fellow of the Society of Actuaries.

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