Management criteria checks 4/4
Principal Financial Group's CEO is Dan Houston, appointed in Aug 2015, has a tenure of 9.08 years. total yearly compensation is $15.12M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $28.53M. The average tenure of the management team and the board of directors is 4.3 years and 6 years respectively.
Key information
Dan Houston
Chief executive officer
US$15.1m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 9.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year
Aug 21
Principal Financial: Capital Pressures Now Reflected In Valuation (Upgrade)
Aug 13
Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year
Jul 30
Market Cool On Principal Financial Group, Inc.'s (NASDAQ:PFG) Earnings
Jul 21
Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71
May 07
Principal Financial: Asset Management Headwinds Make Shares Less Attractive (Rating Downgrade)
Apr 09
Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 19
Principal Financial Group: An Expensive Insurance Company With Limited Near-Term Upside
Jan 26
Principal Financial Group, Inc.'s (NASDAQ:PFG) Low P/E No Reason For Excitement
Dec 20
Principal Financial Group (NASDAQ:PFG) Will Pay A Larger Dividend Than Last Year At $0.67
Nov 23
Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.67
Oct 31
Principal Financial Group's (NASDAQ:PFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 01
Is Now The Time To Put Principal Financial Group (NASDAQ:PFG) On Your Watchlist?
Jun 30
Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64
May 25
Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64
May 02
Here's Why Principal Financial Group (NASDAQ:PFG) Has Caught The Eye Of Investors
Feb 25
Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64
Feb 07
With EPS Growth And More, Principal Financial Group (NASDAQ:PFG) Makes An Interesting Case
Nov 22
Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64
Nov 01
Principal Financial Group rebrands investment unit as Principal Asset Management
Oct 10
Principal Financial Group cut to Neutral at Credit Suisse on valuation
Aug 18
Why It Isn't Time To Go Back To Principal Financial Group
Aug 11
Principal Financial Group (NASDAQ:PFG) Ticks All The Boxes When It Comes To Earnings Growth
Aug 11
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$15m | US$1m | US$623m |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$14m | US$1m | US$5b |
| Sep 30 2022 | n/a | n/a | US$5b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$18m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$16m | US$890k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$15m | US$900k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$12m | US$900k | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$3b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$12m | US$881k | US$2b |
Compensation vs Market: Dan's total compensation ($USD15.12M) is about average for companies of similar size in the US market ($USD13.18M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Houston (62 yo)
9.1yrs
Tenure
US$15,118,828
Compensation
Mr. Daniel Joseph Houston, also known as Dan, is Additional Independent Director of ADT Inc. from June 2024. He had been Chairman of the Board at Greater Des Moines Partnership since January 2018 and serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.1yrs | US$15.12m | 0.15% $ 28.5m | |
| Executive VP & CFO | 7.6yrs | US$6.11m | 0.074% $ 13.8m | |
| President of Benefits & Protection | 9.7yrs | US$4.74m | 0.036% $ 6.7m | |
| Executive VP | 1.5yrs | US$5.42m | 0.011% $ 2.0m | |
| Executive VP & Chief Information Officer | 4.3yrs | no data | 0.0012% $ 224.8k | |
| VP & Head of Investor Relations | 2.6yrs | no data | no data | |
| Senior VP and Enterprise Chief Ethics & Compliance Officer | 2.6yrs | no data | no data | |
| Executive VP | 2.2yrs | US$6.01m | no data | |
| Executive VP & Chief Marketing Officer | 5.2yrs | no data | no data | |
| Executive VP of Principal Global Services & Chief Human Resources Officer | 6.3yrs | no data | no data | |
| Executive Chairman of Latin America | 1.3yrs | US$2.84m | 0.012% $ 2.2m | |
| Senior VP & Chief Investment Officer of Principal Life Insurance Company | no data | no data | no data |
4.3yrs
Average Tenure
59.5yo
Average Age
Experienced Management: PFG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.8yrs | US$15.12m | 0.15% $ 28.5m | |
| Independent Director | 9.5yrs | US$324.97k | 0% $ 0 | |
| Independent Director | 23.4yrs | US$324.97k | 0.000070% $ 13.0k | |
| Independent Director | 3.6yrs | US$299.97k | 0% $ 0 | |
| Independent Director | 3.2yrs | US$299.97k | 0% $ 0 | |
| Lead Independent Director | 8.2yrs | US$349.97k | 0% $ 0 | |
| Independent Director | 9.1yrs | US$299.97k | 0% $ 0 | |
| Independent Director | 4.3yrs | US$334.97k | 0% $ 0 | |
| Independent Director | 6.9yrs | US$334.97k | 0% $ 0 | |
| Independent Director | 3.8yrs | US$299.97k | 0% $ 0 | |
| Independent Director | 5yrs | US$299.97k | no data | |
| Independent Director | 2.3yrs | US$299.97k | no data |
6.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: PFG's board of directors are considered experienced (6 years average tenure).
