2020 Annual Report
Undaunted by challenge, we embrace change.
As we reflect on 2020, there are many words to describe what was a tumultuous year. But we prefer this word: transformative.
We navigated the complexities of a global pandemic, social unrest, and a volatile marketplace. We persevered to connect, collaborate, and innovate. Today, we stand in support of each other and look forward to building a better tomorrow.
In 2020, we confronted one of the toughest years in living memory. Principal was ready with a balanced portfolio, flexible global workforce, and 141 years of experience in providing financial security. Together, we navigated volatility with timely insights and custom solutions for more than 34 million customers.
From our CEO
It was a disruptive year, but we exist to overcome adversity. Our customers rely on us as a trusted partner for access to financial insights, guidance, and products.
Dan Houston’s message.
A financial partner you can count on.
From a position of strength and stability, we help millions of individuals, businesses, and institutions to navigate their financial journeys.
How we inspire
New ways to work, new connections.
Principal in 2020 operated with the most physically scattered workforce in company history—yet in many ways we became only more united.
How we work
Here for you every single day.
In this volatile moment, we’ve continued to guide our customers to solid financial footing with clear insight and flexible solutions.
How we improve
Building a better world.
We exist to promote a more sustainable, inclusive, and financially secure future for people and businesses around the globe.
How we uplift
Mark your calendar for our annual shareholder meeting on May 18, 2021
Learn how we’re working to improve the future of the world we all share.
Executive and Board bios
Get to know our executive team and our Board of Directors.
Company profile (PDF)
See a snapshot of our financials, our people and our global initiatives as we work to create a more financially secure future for everyone.