Principal Financial Group Inc.
711 High Street
Des Moines,
IA 50392
Phone: 515-247-5111
Fax: 515-235-1959
Web Site: http://www.principal.com
| Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services in the United States and internationally. It operates in three segments: U.S. Asset Management and Accumulation, International Asset Management and Accumulation, and Life and Health Insurance. U.S. Asset Management and Accumulation segment involves in asset accumulation operations, which provide retirement savings and related investment products and services to businesses, individuals, investors, and asset managers. It offers products and services for defined contribution pension plans, including defined benefit pension plans, non qualified executive benefit plans, and employee stock ownership plan consulting services to small and medium-sized businesses. This segment also provides investment products, including investment contracts and funding agreements to institutional clients. In addition, it accumulates funds for retirement and savings through mutual funds, individual annuities, and bank and trust services to employees and other individuals. International Asset Management and Accumulation segment offers retirement products and services, annuities, long-term mutual funds, life insurance, and institutional asset management services in Chile, Mexico, Hong Kong, Brazil, India, the People's Republic of China, and Malaysia. Life and Health Insurance segment provides individual life insurance and group health insurance, as well as offers specialty benefits, including group dental and vision, group life, group long-term and short-term disability, and individual disability insurance services. The company was founded in 1879 and is based in Des Moines, Iowa. |
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| Key Statistics |
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Pay |
Exercised |
Mr. John Barry Griswell , 59
Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Principal Life and Chief Exec. Officer of Principal Life
|
$
3.50M |
$
8.63M |
Mr. Larry Donald Zimpleman , 57
Pres, Chief Operating Officer, Director, Pres of Principal Life, Chief Operating Officer of Principal Life of Principal Life
|
N/A
|
N/A |
Mr. Michael H. Gersie , 59
Chief Financial Officer, Chief Accounting Officer, Exec. VP, Chief Financial Officer of Principal Life and Exec. VP of Principal Life
|
$
964.00K |
$
728.00K |
Mr. John E. Aschenbrenner , 58
Pres of Insurance & Financial Services of 24 Mutual Funds
|
$
1.18M |
$
1.20M |
Mr. James Patrick McCaughan , 54
Chief Exec. Officer of Principal Global Investors and Pres of Global Asset Management
|
N/A
|
N/A |
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Dollar amounts are as of
31-Dec-06
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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