Daniel J. Houston, also known as Dan, has been the Chief Executive Officer of Principal Financial Group Inc. since August 18, 2015 and its President since November 26, 2014. Mr. Houston served as the Chief Operating Officer at Principal Financial Group Inc. since November 26, 2014. He served as the President of Retirement, Insurance and Financial Services at Principal Financial Group Inc. from January 1, 2010 to November 26, 2014. Mr. Houston was responsible for U.S. asset accumulation businesses, including Principal Bank and for the full service pension business and RIS distribution. He was also responsible for the mutual fund and annuity lines of business. Mr. Houston served as an Executive Vice President at Principal Financial Group Inc. since May 18, 2006. Mr. Houston joined Principal Financial Group Inc. in 1984, and served as a Group Representative in the Dallas group and pension office. Mr. Houston serves as the Iowa State Business School Dean's Advisory Council. He served as an Executive Vice President of Retirement and Investor Services of Principal Financial Group Inc. since June 2006, and served as its President of Retirement and Investor Services Division since February 2008 to January 1, 2010 and Senior Vice President of Retirement and Investor Services. He served various management positions with Principal Financial Group Inc. since 1990, including as an Officer since 1990, Vice President since 1997 and Senior Vice President since 2000. Mr. Houston served several positions with Healthextras Inc. since 1984, including Regional Director of Group and Pension Sales since 1990, Regional Vice President since 1993, and Vice President since 1997. He serves as Chairman of the Board of Professional Pensions, Inc. and Principal Trust Services. He has been a Director of Healthextras Inc. since April 29, 2005 and Catholic Health Initiatives - Iowa Corp. since May 2010. He serves as Director for several entities that are affiliates of Principal Financial Group, including Executive Benefit Services, Principal Financial Advisors, Principal Trust Company (Asia) Limited and Principal Bank. Mr. Houston serves on the Boards of Principal International, Inc., Principal Financial Advisors, Principal Trust Company (Asia) Limited, and Principal Bank. He serves a Member of Professional Pensions, Inc. , Principal Trust Services, Trustar Retirement Services and BCI Group, Inc. He has been a Director of Principal Financial Group Inc. since November 26, 2014. He served as a Director of Catalyst Health Solutions, Inc. since April 29, 2005 until July 2, 2012. Mr. Houston received his Bachelor's Degree from the Iowa State University.
The Principal Financial Group is a global financial investment management leader headquartered in Des Moines, Iowa.
The Principal Financial Group (The Principal) offers businesses individuals and institutional clients a wide range of financial products and services including retirement, asset management and insurance, through its diverse family of financial services companies. The Principal has offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America. As of March 31, 2014, The Principal Financial Group had $496 billion in total assets under management and serves some 19.2 million customers worldwide.[6]
