The Principal Financial Group Names LeMay Vice President of Consultant Relations
August 13, 2007 (Des Moines, Iowa) — The Principal Financial Group®, the nation's 401(k) leader1 and total retirement solutions innovator, announces that Cynthia LeMay has joined the company as vice president of consultant relations for Retirement and Investor Services.
Prior to joining The Principal®, LeMay was vice president, sales and marketing for Envive, Inc. She also worked as regional sales manager for Northern Trust Retirement Consulting where she had significant success in the mid to large institutional retirement sales market. Prior experience includes various management roles at Contel/GTE and British Petroleum.
In her new role, LeMay is responsible for developing and maintaining relationships with consultants and advisors in the eastern U.S., serving mid to large-sized retirement plan markets. Her extensive experiences building relationships with senior level management and top tier consultants will position her well with The Principal.
"I am very excited about joining the Principal Financial Group. The Principal has been a long-time leader in delivering high quality total retirement solutions with a genuine focus on client needs," said LeMay. "I look forward to participating in the expansion of the company"s presence in the consultant and financial professional community and being part of this dynamic organization as we continue to capture market share in the mid and large size plan markets."
A resident of Marietta, Ga., LeMay earned her bachelor"s degree in economics from Union College in Schenectady, N.Y., and her master"s from Syracuse University. She has achieved lifetime certification status from the Society for Human Resource Management.
About the Principal Financial Group
The Principal Financial Group® (The Principal®)2 is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies and national network of financial professionals. A member of the Fortune 500, the Principal Financial Group has $282.1 billion in assets under management3 and serves some 18.1 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
Insurance products and services issued by Principal Life Insurance Company.
1) The Principal ranks number one in total plans for all asset sizes among fully bundled 401(k) providers-2006 Spectrem Group analysis of fully-bundled 401(k) providers (companies that provide both administrative and investment services).
2) "The Principal Financial Group" and "The Principal" are registered trademarks of Principal Financial Services, Inc., a member of the Principal Financial Group.
3) As of June 30, 2007.
