Gary P. Scholten is the executive vice president and chief information officer of Principal Financial Group®, responsible for overseeing the company’s use of Information Technology. He also leads the company’s use of offshore resourcing and oversees sourcing and supplier management, corporate strategic development, and provides executive oversight for Human Resources.
Scholten joined the company in 1980 as an assistant planning analyst. He held multiple IT positions, was promoted to senior vice present and chief information officer in 2002, and to his present position, executive vice president and chief information officer in 2014.
Scholten is a fellow of the Life Office Management Institute and is past chair of the LOMA Individual Product Systems Committee. He chairs Principal Global Services, Private Limited, a wholly owned subsidiary of the Principal Financial Group located in Pune, India. Scholten currently serves on two Principal International Chilean Boards: Principal International de Chile S.A, and Principal Asset Management Chile S.A. Scholten has served as the chairman of the board for the Technology Association of Iowa. In 2011, he was appointed to serve on the Iowa Governor’s Science, Technology, Engineering and Mathematics (STEM) Advisory Council, and joined the group’s executive committee in 2013.
Under Scholten’s leadership, Principal® has consistently been ranked in the top half of Computerworld magazine’s “100 Best Places to Work in IT,” and InformationWeek magazine’s “Top 500 Most Innovative Users of Information Technology,” ranking as the number one company in 2006. Scholten received the University of Northern Iowa’s 2011 Alumni Achievement Award for his overall professional accomplishments.
A native of Larchwood, Iowa, Scholten received his bachelor's degree from the University of Northern Iowa in Cedar Falls.