Daniel Houston - Principal Financial CEO and President and Director

PFG Stock  USD 87.28  0.49  0.56%   

CEO

Mr. Daniel J. Houston is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Houston was Chairman, President and Chief Executive Officer of the Company and Principal Life Insurance Company since 2016. Prior to that, he was President and Chief Executive Officer from August 2015May 2016. He served as President and Chief Operating Officer from November 25, 2014August 17, 2015. He joined Principal Life in 1984 and had several management positions, being named Senior Vice President in 2006 and President of Retirement and Income Solutions in 2008. He is ChairmanElect of the board of directors of the American Council of Life Insurers and also serves on the boards of the Business Roundtable, Iowa Business Council, Greater Des Moines Partnership, Employee Benefits Research Institute, Iowa State University Business School Dean Advisory Council, Partnership for a Healthier America and Community Foundation of Greater Des Moines since 2016.
Age 62
Tenure 8 years
Address 711 High Street, Des Moines, IA, United States, 50392
Phone515 247 5111
Webhttps://www.principal.com
Houston has operational expertise, global awareness, and deep talent leadership skills. During his career with the Company, he has worked in sales, managed numerous businesses and helped lead the transformation of the Company to a global investment management leader. He has extensive operational experience, as well as expertise in risk management, executive compensation, talent management marketing and sales, and mergers and acquisitions.

Principal Financial Management Efficiency

The Principal Financial's current Return On Equity is estimated to increase to 0.1, while Return On Tangible Assets are projected to decrease to 0. At this time, Principal Financial's Fixed Asset Turnover is most likely to slightly decrease in the upcoming years. The Principal Financial's current Asset Turnover is estimated to increase to 0.07, while Other Assets are projected to decrease to roughly 167.2 B. Principal Financial's management efficiency ratios could be used to measure how well Principal Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Principal Financial Group has 3.99 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Principal Financial has a current ratio of 1.26, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Principal to invest in growth at high rates of return.

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Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa. Principal Financial operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 18600 people. Principal Financial Group (PFG) is traded on NASDAQ Exchange in USA. It is located in 711 High Street, Des Moines, IA, United States, 50392 and employs 19,800 people. Principal Financial is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Principal Financial Leadership Team

Elected by the shareholders, the Principal Financial's board of directors comprises two types of representatives: Principal Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Principal. The board's role is to monitor Principal Financial's management team and ensure that shareholders' interests are well served. Principal Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Principal Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nathan Schelhaas, Senior Segment
Joel Pitz, Senior Controller
JD CFA, Chief Management
Daniel Houston, CEO and President and Director
John Egan, Vice President - Investor Relations
Christopher Payne, Senior Relations
Ellen Shumway, Senior Management
MAAA FSA, Executive Officer
Deanna StrableSoethout, Corporate Executive - President U.S. Insurance Solutions
Bethany Wood, Executive Officer
Teresa Hassara, Senior Solutions
Kamal Bhatia, Principal Management
Luis Valdes, President - Principal International Segment
Humphrey Lee, VP Relations
Pablo Sprenger, Executive America
Patrick Halter, CEO - Principal Global Investors
Noreen Fierro, Senior Officer
Vivek Agrawal, Chief VP
Christopher Littlefield, President Solutions
Timothy Hill, Senior Management
Amy Friedrich, President of U.S. Insurance Solutions
Natalie Lamarque, General EVP
Jon Couture, Executive Officer
CPA CFA, Senior Company
Kathleen Kay, Executive Officer

Principal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Principal Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Principal Financial is a strong investment it is important to analyze Principal Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Financial's future performance. For an informed investment choice regarding Principal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
2.79
Earnings Share
(0.74)
Revenue Per Share
59.953
Quarterly Revenue Growth
(0.34)
The market value of Principal Financial is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Financial's market value can be influenced by many factors that don't directly affect Principal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.