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Ah, the circle of life. For a child in elementary school, avoiding the principal is paramount. However, folks looking toward retirement may actually seek out The Principal. Principal Financial Group (or The Principal) offers pension products and services (the company is a top administrator of employer-sponsored retirement plans), mutual funds, annuities, asset management, trust services, and investment advice. Its insurance segment provides group and individual life, health, disability, dental, and vision coverage. To compete with banks encroaching on the company's territory and to maximize customer asset retention, subsidiary Principal Bank offers online banking.
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| | | Contact Information | |
Address: |
711 High St.
Des Moines, IA 50392-0001
| | Phone: | 515-247-5111 | | Fax: | 515-246-5475 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 9935.90 M | | Revenue Growth (1 yr): | (-8.90%) | | Employees (2008): | 16,234 | | Employee Growth (1 yr): | (-2.10%) |
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Key People
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Chairman, President, and CEO; President and CEO, Principal L:
Larry D. Zimpleman
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SVP and CFO:
Terry J. Lillis
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SVP and CIO, Principal Financial and Principal Life:
Gary P. Scholten
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