October 29, 2020
Principal Financial Headquarters

Principal Financial Board of Directors Compensation and Executives Salary

Principal Financial is a large financial investment management company, headquartered in Des Moines, Iowa, United States. The company is listed on NASDAQ with stock name PFG. The company is lead by Chief Executive Officer Daniel Joseph Houston since August 2015. They have good presence around the US.

They have acquired, and established several subsidiary companies in this space. This include Principal Securities Inc., Principal Real Estate Investors, Preferred Product Network Inc., Principal Global Investors LLC, WM Funds Distributor Inc., and more.

Principal Financial Headquarters
Principal Financial Headquarters

Principal Financial Board of Directors Compensation 2018 / Salary in 2018

Betsy J. Bernard – Audit, Human Resources (Chair), and Executive

This board member earned US​$282,450 as total compensation including Fees Earned or Paid in Cash US$117,500, and stock awards US$164,950.

Jocelyn Carter-Miller – Finance (Chair) and Nominating and Governance

This board member earned US​$284,950 as total compensation including Fees Earned or Paid in Cash US$120,000, and stock awards US$164,950.
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Michael T. Dan – Human Resources and Nominating and Governance

This board member earned US​$269,950 as total compensation including Fees Earned or Paid in Cash US$105,000, and stock awards US​$164,950.

C. Daniel Gelatt Jr. – Audit and Human Resources

This board member earned US​$264,950 as total compensation including Fees Earned or Paid in Cash US​$100,000, and stock awards US$164,950.

Sandra L. Helton – Audit (Chair), Finance, and Executive

This board member earned US​$284,950 as total compensation including Fees Earned or Paid in Cash US$120,000, and stock awards US​$164,950.

Roger C. Hochschild – Audit and Finance

This board member earned US​$267,450 as total compensation including Fees Earned or Paid in Cash US$102,500, and stock awards US​$164,950.

Scott M. Mills – Nominating and Governance (Chair) and Human Resources

This board member earned US​$284,950​ as total compensation including Fees Earned or Paid in Cash US​$120,000, and stock awards US​$164,950.

Diane C. Nordin – Audit and Human Resources

This board member earned US​$264,950 as total compensation including Fees Earned or Paid in Cash US$100,000, and stock awards US​$164,950.

Blair C. Pickerell – Finance and Nominating and Governance

This board member earned US​$264,950 as total compensation including Fees Earned or Paid in Cash US​$100,000, and stock awards US​$164,950.

Elizabeth E. Tallett – Human Resources, Nominating and Governance, and Executive

This board member earned US​$289,950 as total compensation including Fees Earned or Paid in Cash US$125,000, and stock awards US​$164,950.

Principal Financial Executive Salaries 2018 / Compensation and Pay 2018

James P. McCaughan – President, Global Asset Management

This executive earned US$8,152,725 as total compensation including base salary (paid in cash) US$2,243,481, equity awards US$2,425,466, and all other compensation US$3,483,778.

Daniel J. Houston – Chairman, President and Chief Executive Officer

This executive earned US$10,464,362 as total compensation including base salary (paid in cash) US$3,444,000, equity awards US$6,750,043, and all other compensation US$270,319.

Luis Valdés – President, International Asset Management & Accumulation

This executive earned US$2,715,693 as total compensation including base salary (paid in cash) US$1,084,192, equity awards US$1,538,739, and all other compensation US$92,762.

Timothy M. Dunbar – President, Global Asset Management

This executive earned US$2,564,423 as total compensation including base salary (paid in cash) US$1,312,602, equity awards US$1,198,094, and all other compensation US$53,727.

Patrick G. Halter – Chief Executive Officer, Principal Global Investors

This executive earned US$3,680,396 as total compensation including base salary (paid in cash) US$2,167,115, equity awards US$1,499,406, and all other compensation US$13,875.

Deanna D. Strable-Soethout – Executive Vice President and Chief Financial Officer

This executive earned US$3,042,435 as total compensation including base salary (paid in cash) US$1,310,058, equity awards US$1,637,645, and all other compensation US$94,732.

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Article first published on July 9, 2020.