Principal Financial Group, Inc. (PFG) announced on Tuesday the appointment of Deanna Strable as President and Chief Executive Officer, effective January 7, 2025. Strable, who currently serves as President and Chief Operating Officer, will succeed Dan Houston. Houston will remain involved with the company by serving as Executive Chair of the Board. As of now, Principal's stock is trading at $87 on the Nasdaq, reflecting a decrease of 0.24 percent.