Deanna Strable-Soethout Named Chief Financial Officer of Principal Financial Group®

As part of the planned succession process, Principal Financial Group® (www.principal.com) has announced that, in preparation for the retirement of current chief financial officer and executive vice president Terry J. Lillis in April 2017, Deanna D. Strable-Soethout will assume the role of chief financial officer effective February 14, 2017. In addition, she is promoted to executive vice president of Principal® effective immediately. She will retain her current position as president of United States Insurance Solutions until her successor is named.

In addition to her role within Principal, Strable-Soethout currently serves as chair of the Board of Directors for LIMRA LOMA Global (LL Global, Inc) and is a member of the Board of Trustees for Simpson College. She also serves on various committees for United Way of Central Iowa and the American Council of Life Insurers (ACLI).

A native of Iowa, Strable-Soethout received her Bachelor’s degree with a double major in mathematics and economics from Northwestern University in Evanston, Illinois. She joined the United States Insurance Solutions in 1990 as an actuarial assistant, and was subsequently promoted to hold several prominent positions with the company before being named president in 2015. Strable-Soethout is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. To find out more, visit principal.com.

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