Biography

Deanna Strable is president and chief executive officer of Principal Financial Group®, responsible for overall management of the company, including its wholly owned subsidiary, Principal Life Insurance Company®. Strable also serves on the Company’s Board of Directors.

Strable joined Principal® in 1990 as an actuarial assistant and held a variety of positions as she progressed in the organization. For the past 20 years she has been instrumental in leading business strategy and operations, holding senior management roles 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 in leading the integration with its life insurance business – before stepping into the role of business unit president in 2015. Strable then served as chief financial officer from 2017 until August 2024, when she was named president and chief operating officer. She assumed her current role in January 2025.

Strable 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.