The Principal Financial Group Recognized on the 2010 InformationWeek 500
Named to list of top technology innovators across America for 13 consecutive years
September 21, 2010 (Des Moines, Iowa) - Who says 13 is unlucky? For the 13th consecutive year, the Principal Financial Group® has been named to the InformationWeek 500, an impressive list of the most innovative users of technology in the United States.
“To be recognized consistently for investing in, and delivering, innovative technology enablement—even in the face of a tough economy— is an honor and a pride point for The Principal,” said Gary Scholten, senior vice president and chief information officer, The Principal. “This award is recognition of how well our business and IT professionals work together to provide the most value to our customers and shareholders worldwide.”
Innovative technology-enabled solutions such as mobile applications for financial professionals, using IT to reduce over $10 million in expenses and strategic improvements in information security are a few of the many accomplishments that landed The Principal on this year’s list.
“For 22 years, the InformationWeek 500 has honored the most innovative users of business technology,” said InformationWeek Editor In Chief Rob Preston. “As we start to emerge from the worst recession in decades, the IT focus is now on driving growth—new sources of revenue, new relationships with customers, even new business models. This year’s ranking placed special emphasis on those companies and business technology executives leading that charge.”
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
About the Principal Financial Group
The Principal Financial Group® (The Principal®) 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. A member of the Fortune 500, the Principal Financial Group has $284.7 billion in assets under management and serves some 18.9 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.
About the InformationWeek 500
InformationWeek 500 identifies and honors the nation’s most innovative users of information technology with its annual 500 listing, now in its 22nd year, and also tracks the technology, strategies, investments and administrative practices of some of the best-known organizations in the country. The InformationWeek 500 rankings are unique among other corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying biggest IT spenders.
- The Principal Financial Group and The Principal are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
- As of June 30, 2010.