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Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by Principal Financial Group

Press Release

Principal® Announces New Leaders in Retirement and Income Solutions

Issued by Principal Financial Group

May 18, 2021

Principal Financial Group®, a global leader in retirement plan services, today announced two new leaders in its Retirement and Income Solutions (RIS) business to drive continued innovation and growth in stock-incentivized benefit programs and third-party administration of employee benefits. These new hires will help Principal meet the growing customer demand for innovative tools, resources, and support to streamline their retirement plans and recruit and retain talent.

Amy Keiser joins Principal as the head of stock plan services to provide strategic and operational leadership to the business unit, including employee stock ownership plans and the company’s new equity compensation solutions. Christabelle Cook has been hired for the newly created role of director of TPA strategy to further the company’s commitment to third-party benefits administration.

“We are excited to announce these two exceptional new hires to the team as we continue to build our business to meet the evolving needs of workplace retirement planning,” said Jerry Patterson, senior vice president, Retirement and Income Solutions at Principal. “Both Amy Keiser and Christabelle Cook bring the industry knowledge and leadership needed to drive growth in key areas of our retirement practice as well as help ensure best-in-class service to our customers.”

Amy Keiser, Head of Stock Plan Services

Keiser brings more than 20 years of leadership experience in the retirement industry, including several years with Principal, in areas including product management, consulting and client services. She most recently worked at Empower, where she held leadership positions including overseeing an inside sales team of more than 50 associates to help meet and exceed sales goals and product strategy. Keiser will play a critical role in growing the Total Retirement Solutions business, which delivers uniquely packaged, multi-plan solutions that can include top-tier investment and insurance offerings.

“Our stock plan solutions business is a cornerstone of our retirement strategy, and I can’t be more excited about welcoming Amy Keiser back to Principal to lead this division to even greater heights,” Patterson said. “Amy brings a deep understanding of multiple markets and the competitive landscape that will help us reinforce our leadership position as the No. 1 provider of employee stock ownership plan solutions1 as well as grow our equity compensation business.”

Christabelle Cook, Director, TPA Strategy

Christabelle Cook joins Principal as the Director of TPA strategy, a new role designed to help the company remain a market leader in employee benefits by continuing to strengthen and build relationships with third party administrators. She brings to Principal a diverse 15 years of experience in financial advisory, plan design, recordkeeping and investment strategies all within retirement plans. Cook's most recent role was with Hartford Funds, where she was Director of Defined Contribution Investments covering the southeastern territory leading investment sales efforts. She is also returning to Principal, where she was previously a regional director of business development helping financial professionals to grow and expand their retirement plan practices.

“This new position is a reflection of the importance we are placing on our third-party-administrator business, and Christabelle will bring the insight, knowledge, and leadership to help us improve our ability to meet and exceed our clients’ needs,” Patterson said.

News Release Contact

US Retirement

Lonnetta Ragland, 515-878-1504
Alex Ortolani, 917-618-0709

 

1 Based on total number of recordkeeping plans, PLANSPONSOR Recordkeeping Survey, June 2020.

About Principal Financial Group®

Principal Financial Group® (Nasdaq: PFG) is a global financial company with 17,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 34 million customers2 plan, insure, invest, and retire, while working to support the communities where we do business, improve our planet, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the World’s Most Ethical Companies3, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management4.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.

1 As December 31,2020

2 As December 31,2020

3 Ethisphere Institute, 2021

4 Pensions & Investments, 2020

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 800-247-1737, member SIPC  and/or independent broker/-dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, Iowa 50392.

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

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