Biography

Deanna Strable is the newly appointed president and chief executive officer of Principal Financial Group®, effective January 2025. In this role, she will be responsible for overall management of the company, including its wholly owned subsidiary, Principal Life Insurance Company®. Strable will also join the Board of Directors in 2025.

Strable currently holds the role of president and chief operating officer with responsibility for the company’s three businesses - Retirement and Income Solutions, Benefits and Protection, and Principal Asset Management^SM. She served as chief financial officer from 2017 to August 2024.

Strable has been instrumental in leading business strategy and operations as Principal has gone through significant growth and transformation. She helped build the company’s Benefits and Protection business – as the first leader of its Specialty Benefits division and leading the integration with its life insurance business – before stepping into the role of business unit president in 2015. She joined Principal® in 1990 as an actuarial assistant.

She is a member of the Board of Directors for Elevance Health, Inc., and Simpson College. She previously served on the United Way Worldwide Board of Trustees after holding various positions for the United Way of Central Iowa. She also served as chair of the Board of Directors for LIMRA LOMA Global (LL Global, Inc.).

Strable received her bachelor's degree from Northwestern University in Evanston, Illinois. She is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. 

_{Insurance products and plan administrative services provided through Principal Life Insurance Company®, a member of the Principal Financial Group®, Des Moines, IA 50392. 
Principal Asset Management^SM is a trade name of Principal Global Investors, LLC.
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