Principal Financial Group names new president

The company has named Daniel J. Houston as president and chief operating officer.

By Marlene Y. Satter | December 01, 2014 at 07:09 AM

Principal Financial Group has named Daniel J. Houston as president and chief operating officer.

Houston will oversee the firm's global businesses, including money management arm Principal Global Investors; its international, retirement and investor services; and the U.S. insurance solutions unit. He has also been elected to the firm's board of directors.

Houston will report to Larry D. Zimpleman, former president and CEO, who will continue in the roles of chairman and CEO.

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Principal Financial Group names new president

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