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Principal Financial Group, Inc.
Type	Public (NYSE: PFG)
Founded	Des Moines, Iowa USA, (1879)
Headquarters	Des Moines, Iowa USA
Key people	J. Barry Griswell, Chairman & CEO, Edward Temple founder
Industry	Finance and Insurance
Products	Banking Life Insurance Mutual Funds Retirement Plans
Revenue	$9.007 billion USD (2005)
Employees	14,507 (2006)
Website	www.principal.com

Principal Financial Group in Hong Kong

Principal Financial Group NYSE: PFG is a publicly traded corporation based in Des Moines, Iowa, USA. Image File history File links Broom_icon. ... Image File history File links Pfg_logo. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... Nickname: Hartford of the West, City of Skywalks, Raccoon City, DSM Location in the State of Iowa, USA Coordinates: Country United States State Iowa County Polk County Incorporated September 22, 1851 Government  - Mayor Frank Cownie Area  - City  77. ... 1879 (MDCCCLXXIX) was a common year starting on Wednesday (see link for calendar). ... Nickname: Hartford of the West, City of Skywalks, Raccoon City, DSM Location in the State of Iowa, USA Coordinates: Country United States State Iowa County Polk County Incorporated September 22, 1851 Government  - Mayor Frank Cownie Area  - City  77. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... “Banker” redirects here. ... Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the policy owners death. ... The central idea of a mutual fund is to enable investors to pool their money and place it under professional investment management. ... A pension is a steady income given to a person (usually after retirement). ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links No higher resolution available. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible via HTTP, a... Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (1600 × 1200 pixel, file size: 1. ... Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (1600 × 1200 pixel, file size: 1. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... This article is about the state capital of Iowa. ... Capital Des Moines Largest city Des Moines Area  Ranked 26th  - Total 56,272 sq mi (145,743 km²)  - Width 310 miles (500 km)  - Length 199 miles (320 km)  - % water 0. ...

The Principal Financial Group (The Principal) is a leading global financial institututional clients a wide range of financial products and services. Headquartered in Des Moines, Iowa, The Principal serves more than 13 million customers worldwide. This article is about the state capital of Iowa. ... Capital Des Moines Largest city Des Moines Area  Ranked 26th  - Total 56,272 sq mi (145,743 km²)  - Width 310 miles (500 km)  - Length 199 miles (320 km)  - % water 0. ...

The Principal Financial Group has earned many awards for their contributions to employees and to local communities. The Principal has been named one of the Fortune 100 best companies to work for during the past 4 consecutive years, along with numerous other awards.

Located in Des Moines, Iowa, The Principle owns and operates several buildings in Downtown Des Moines. The tallest, known as 801 Grand, is 45 stories tall (192m/630ft^[1]) and houses many other companies in addition to The Principal. The top 2 floors are home to a privately owned club named the Embassy Club. Both employees and general members of the club have access to the club for the purpose of general dining as well as dinner parties. This article is about the state capital of Iowa. ... Capital Des Moines Largest city Des Moines Area  Ranked 26th  - Total 56,272 sq mi (145,743 km²)  - Width 310 miles (500 km)  - Length 199 miles (320 km)  - % water 0. ... This article is about the state capital of Iowa. ... 801 Grand is a skyscraper located in Des Moines, Iowa. ...

Besides 801 Grand, Principal operates buildings Corporate I, II, III, IV, and V. Each building has a nickname determined by its shape.

A variety of amenities are offered to its employees as well. These include several cafeterias and a wellness center which includes a weight room, cycle room, treadmills, and full shower and locker facilities.

The Principal employs roughly 8,000 people in Des Moines. As of December 31, 2004, Principal employs a total of 13,976.^[2] This article is about the state capital of Iowa. ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian calendar. ... shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

Cari Jones, a fitness trainer and employee, is the early favorite to take the crown at this years Miss Iowa Fitness competition.

History

• 1879 - Bankers Life Association was founded on July 1, 1879 by Edward Temple, a banker from Chariton, Iowa, and five other colleagues. At first, Bankers Life Association provided life insurance (in the form of memberships) to men between the ages of 22 and 55. They had to be in good health and not be employed in any occupation that was considered high-risk. Insurance benefits would also not be awarded if unintentional death was caused by harmful consumption of alcoholic beverages, or the irresponsible use of drugs.
• 1882 - The number of memberships required the hiring of the association's first employee, John Tibbs, who acted as a General Agent.
• 1889 - Bankers Life Association had 29 million dollars of life insurance memberships in effect. This required the association to relocate their operations to the Equitable Building in Des Moines, Iowa. Costs were kept at frugal standards. Temple's salary increased to $6,000 in 1890, which was considerably lower than salaries offered by similar businesses.
• 1909 - After the death of Edward Temple, the Board of Directors voted to reorganize the business into a mutual life insurance company. George Kuhns became president of the company. He employed the use of direct-mail advertising to reach new markets. This brought in 3 million dollars in new sales within the first year.
• 1925 - The company acquired a small, 500-watt radio station, WHO, with a broadcast range of 150 miles. George Kuhns saw this tool as a way to increase sales. Bankers Life ran WHO until 1930.
• 1930 - Prior to the Great Depression, the company was closing in on the 1 billion dollar landmark. The 50th anniversary, which was scheduled to take place on June 1929, was postponed until January 6, 1930. President Gerard Nollen gave a ten dollar gold piece to every attendant as a token of his optimism in the future of the economy.
• 1939 - Continued growth required the company to relocate its operations to a larger facility. A building was constructed on 711 High Street to house the offices. It was the first building in Des Moines to be fully air-conditioned.
• 1941 - The company issued its first group health insurance contract. Within the next five years, group health insurance accounted for a third of the business.
• 1962 - The company ended their termination policy of new mothers, instead offering part-time work to mothers. They worked from 9AM to 3PM between the months of September to June while their kids were at school. This provided women with career opportunities and benefited the company's talent pool.
• 1985 - Bankers Life Company became Principal Financial Group.
• 1990s - The Principal® expanded to markets outside of the United States. Such markets include Argentina, Brazil, China, Chile, Hong Kong, India, and Mexico.
• October 23, 2001 - The Principal filed their initial public offering and became a publicly traded corporation.
• August 5, 2004 - The Principal purchased the naming rights to Sec Taylor Stadium for $4.5 million.
• December 5 2005, Principal opened its first offshore unit in pune by the name Principal Global Services

1879 (MDCCCLXXIX) was a common year starting on Wednesday (see link for calendar). ... is the 182nd day of the year (183rd in leap years) in the Gregorian calendar. ... 1879 (MDCCCLXXIX) was a common year starting on Wednesday (see link for calendar). ... Lucas County Courthouse Chariton is a city in Lucas County, Iowa, United States. ... Capital Des Moines Largest city Des Moines Area  Ranked 26th  - Total 56,272 sq mi (145,743 km²)  - Width 310 miles (500 km)  - Length 199 miles (320 km)  - % water 0. ... Year 1882 (MDCCCLXXXII) was a common year starting on Sunday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Tuesday of the 12-day slower Julian calendar). ... A General Agent is an agent, i. ... Year 1889 (MDCCCLXXXIX) was a common year starting on Tuesday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Thursday of the 12-day slower Julian calendar). ... Nickname: Hartford of the West, City of Skywalks, Raccoon City, DSM Location in the State of Iowa, USA Coordinates: Country United States State Iowa County Polk County Incorporated September 22, 1851 Government  - Mayor Frank Cownie Area  - City  77. ... 1909 (MCMIX) was a common year starting on Friday (see link for calendar). ... Year 1925 (MCMXXV) was a common year starting on Thursday (link will display the full calendar) of the Gregorian calendar. ... WHO is a clear channel radio station broadcasting 50,000 watts on 1040 AM with a news/talk format. ... Year 1930 (MCMXXX) was a common year starting on Wednesday (link will display 1930 calendar) of the Gregorian calendar. ... Year 1930 (MCMXXX) was a common year starting on Wednesday (link will display 1930 calendar) of the Gregorian calendar. ... The Great Depression was a time of economic down turn, which started after the stock market crash on October 29, 1929, known as Black Tuesday. ... Year 1929 (MCMXXIX) was a common year starting on Tuesday (link will display the full calendar) of the Gregorian calendar. ... January 6 is the 6th day of the year in the Gregorian calendar, with 359 days (360 in leap years) remaining. ... Year 1930 (MCMXXX) was a common year starting on Wednesday (link will display 1930 calendar) of the Gregorian calendar. ... Year 1939 (MCMXXXIX) was a common year starting on Sunday (link will display the full calendar) of the Gregorian calendar. ... For the movie, see 1941 (film). ... Year 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar) of the Gregorian calendar. ... Year 1985 (MCMLXXXV) was a common year starting on Tuesday (link displays 1985 Gregorian calendar). ... For the band, see 1990s (band). ... October 23 is the 296th day of the year (297th in leap years) in the Gregorian calendar. ... Year 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... An initial public offering (IPO) is the first sale of a corporations common shares to investors on a public stock exchange. ... August 5 is the 217th day of the year in the Gregorian calendar (218th in leap years), with 148 days remaining. ... shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Naming rights are the right to name a piece of property, either tangible property or an event, usually granted in exchange for financial considerations. ... Principal Park, formerly Sec Taylor Stadium, is a minor league baseball stadium located in Des Moines, Iowa. ...

References

1. ^ Emporis Building Listing for 801 Grand: http://www.emporis.com/en/wm/bu/?id=123036
2. ^ 2004 SEC Filing. Annual Report to SEC, page 17. Retrieved on February 17, 2006.

February 17 is the 48th day of the year in the Gregorian calendar. ... For the Manfred Mann album, see 2006 (album). ...

External links

• Principal Financial Group official website