Company Overview: Board of Directors
Principal Financial Group, Inc. (the "Company")
Principal Life Insurance Company
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Betsy J. Bernard, Past President - AT&TBetsy J. Bernard has been a Director of the Company since 2001 and of Principal Life since 1999. Ms. Bernard was President of AT&T from October 2002 until December 2003. Prior to October 2002, she was Chief Executive Officer of AT&T Consumer since April 2001. Ms. Bernard is also a director of two other public companies: Telular Corporation, a company that designs, develops, manufactures and markets products based on proprietary interface technology for use in wireless communication networks, and Zimmer Holdings, Inc., which designs and manufacturers orthopedic reconstructive and other related surgical products.
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Jocelyn Carter-Miller, President - TechEd VenturesJocelyn Carter-Miller has been a Director of the Company since 2001 and of Principal Life since 1999. Ms. Carter-Miller is President of TechEd Ventures, a firm that develops and manages charter schools and community-based programs. Ms. Carter-Miller was Executive Vice President and Chief Marketing Officer of Office Depot, Inc. from February 2002 until March 2004. Prior to that time, Ms. Carter-Miller was Corporate Vice President and Chief Marketing Officer of Motorola, Inc. from February 1999 until February 2002. Ms. Carter-Miller is a director of two other public companies: Interpublic Group of Companies, Inc., a global marketing and communications company, and NetGear, Inc., a provider of networking products. She is also a board member of Smart School Charter Middle and High Schools.
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Gary E. Costley, Ph.D., Retired Chairman and Chief Executive Officer - International Multifoods CorporationGary E. Costley has been a Director of the Company and Principal Life since 2002. He was Chairman and Chief Executive Officer of International Multifoods Corporation, a manufacturer and marketer of branded consumer food and food service products, from November 2001 until June 2004 and following his retirement from International Multifoods was a co-founder and managing director of C & G Capital Management, LLC until May 2009. He is a director of three other public companies: Tiffany & Co., a holding company for Tiffany and Company, a jeweler and specialty retailer; Prestige Brand Holdings, Inc., a company that develops and markets over-the-counter drugs, household cleaning products and personal care items; and Covance, Inc., a drug development services company.
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Michael T. Dan, Chairman, President and Chief Executive Officer - The Brink's CompanyMichael T. Dan has been a Director of the Company and Principal Life since May of 2006. He has served as Chairman, President and Chief Executive Officer of The Brink's Company, a global security services firm, since 1999.
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C. Daniel Gelatt, Ph.D., President - NMT CorporationC. Daniel Gelatt has been a Director of the Company since 2001 and of Principal Life since 1988. Dr. Gelatt has been President of NMT Corporation, a computer software and microfilm service business, since 1987. He is also a director and President of these other Gelatt privately-owned companies: Elmwood Corporation, The Gelatt Corporation, Ginkgo, LLC and Gelatt Information Machines Corp. He is also a director of Advanced Marketing Concepts, Ltd., nPoint, Inc. and Board chairman of Trust Point, Inc.
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Sandra L. Helton, Past Executive Vice President and Chief Financial Officer - Telephone and Data Systems, Inc.Sandra L. Helton has been a Director of the Company and Principal Life since 2001. Ms. Helton was Executive Vice President and Chief Financial Officer of Telephone & Data Systems, Inc., a diversified telecommunications corporation, from 1998 through 2006. She is a director of one other public company, Covance, Inc., a drug development services company.
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Richard L. Keyser, Chairman and Chief Executive Officer (Retired) - W.W. Grainger, Inc.Richard L. Keyser has been a Director of the Company and Principal Life since 2002. Mr. Keyser served as Chairman Emeritus of W.W. Grainger, Inc., an industrial distributor of products used by businesses to maintain, repair and operate their facilities, April 2009 - April 2010. He was Chairman of the Board of W.W. Grainger from June 2008 – April 2009 and Chairman and Chief Executive officer of W. W. Grainger from 1997 – June 2008. Mr. Keyser is a director of one other public company: Zebra Technologies Corporation, which provides barcode and specialty label printing solutions.
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Arjun K. Mathrani, Adjunct Professor - New York University's Stern School of Business, St. John's University, New York, and Cambridge University's Judge Business SchoolArjun K. Mathrani has been a Director of the Company and Principal Life since 2003. Mr. Mathrani teaches courses in finance and banking at New York University's Stern School of Business, at St. John's University, New York, and at Cambridge University's Judge Business School. In 1998, Mr. Mathrani was the Chief Executive Officer of ING Barings in London. He retired from Chase Manhattan Bank in 1997, where he served as Chief Financial Officer between 1994 and 1996. Mr. Mathrani is a member of the Global Association of Risk Professionals.
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Elizabeth E. Tallett, Principal - Hunter Partners, LLCElizabeth E. Tallett has been a Director of the Company since 2001 and of Principal Life since 1992. Ms. Tallett has been a Principal of Hunter Partners, LLC, which provides management services to developing life sciences companies, since July 2002. She is a director of three other public companies: Coventry Health Care, Inc., a managed health care company, IntegraMed America, Inc., a health services management company, and Meredith Corporation, a media and marketing company.
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Larry D. Zimpleman, Chairman, President and Chief Executive Officer - Principal Financial GroupLarry D. Zimpleman has been a Director of the Company and Principal Life since June 2006. He has been Chairman, President and Chief Executive Officer of the Company and Principal Life since May 2009. He was Chief Executive Officer and President of the Company and Principal Life from May 2008 to May 2009 and was President and Chief Operating Officer of the Company and Principal Life from June 2006 to May 2008. He was President, Retirement and Investor Services of the Company and of Principal Life from December 2003 to June 2006. Mr. Zimpleman is a member of the board of directors of the American Council of Life Insurers, the board of directors of the Financial Services Roundtable and the board of trustees of Drake University. |
Last updated: 06/2010










