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Saturday, November 28, 2009, 7:40AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Principal Financial Group Inc. (PFG)On Nov 27: 25.00  Down 1.18 (4.51%)  
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Principal Financial Group Inc.
711 High Street
Des Moines, IA 50392
United States - Map
Phone: 515-247-5111
Fax: 515-235-1959
Web Site: http://www.principal.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Asset Management
Full Time Employees:16,234

BUSINESS SUMMARY 
Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services worldwide. It operates in four segments: U.S. Asset Accumulation, Global Asset Management, International Asset Management and Accumulation, and Life and Health Insurance. The U.S. Asset Accumulation segment offers defined contribution pension plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plan consulting services to small and medium-sized businesses; investment-only products, such as guaranteed investment contracts and funding agreements to large institutional clients; and the ability to accumulate funds for retirement and savings through mutual funds, individual annuities and bank products to employees of businesses and other individuals. The Global Asset Management segment provides asset management services covering a broad range of asset classes, investment styles, and portfolio structures to its other segments and third-party institutional clients. This segment principally offers investment advisory services across three asset classes comprising equity investments, fixed income investments, and real estate investments; and commercial real estate niche financing opportunities, including bridge/mezzanine loans and land loans. The International Asset Management and Accumulation segment offers long-term savings, retirement annuities, asset accumulation, mutual funds, life insurance, mortgage loans, and institutional asset management products and services. The Life and Health Insurance segment provides individual life insurance and group health insurance products and services, as well as other specialty benefits consisting of 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.
Key Statistics

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    CORPORATE GOVERNANCE 
    Principal Financial Group Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 34% of S&P 500 companies and 73.9% of Insurance companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Larry Donald Zimpleman , 58
    Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee of Principal Life
    $ 737.00K $ 0
    Mr. John Barry Griswell , 60
    Director, Chairman of Exec. Committee, Chairman of Principal Life and Chief Exec. Officer of Principal Life
    $ 1.00M $ 0
    Mr. Terrance J. Lillis , 56
    Chief Financial Officer, Chief Accounting Officer and Sr. VP
    $ 350.00K $ 0
    Mr. James Patrick McCaughan , 55
    Chief Exec. Officer of Principal Global Investors and Pres of Global Asset Management
    $ 1.18M $ 0
    Mr. Norman Sorensen , 63
    Exec. VP of International Asset Accumulation Bus.es, Pres of Principal International, Inc. and Sr. VP of Principal Life
    $ 592.00K $ 0
    Dollar amounts are as of 31-Dec-08 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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