Principal Financial Group

Insurance AI, Strategy & More at FOIUSA

Retrieved on: 
Tuesday, March 12, 2024

Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.

Key Points: 
  • Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.
  • Just last week we received bookings from Allianz, Liberty Mutual, Intact, Horace Mann, Kin Insurance, State Farm®, Prudential, Fremont Insurance, USAA, Pacific Specialty, Openly, United Educators & many more.
  • Quality over quantity: No hiding behind a huge attendee list - we're focused on bringing together an audience of insurance carriers, e.g.
  • Allstate, Travelers, AXA XL, Northwestern Mutual, CNA, Principal Financial, RLI Insurance, FM Global, Erie Insurance, Highmark Health, Group 1001, The Hanover, New York Life, The Hartford, Kin Insurance & many more.

The Standard Hires Albert Maixner as National Accounts Sales Director for Retirement Plans

Retrieved on: 
Monday, February 26, 2024

The Standard recently hired Albert Maixner as national accounts sales director for Retirement Plans.

Key Points: 
  • The Standard recently hired Albert Maixner as national accounts sales director for Retirement Plans.
  • View the full release here: https://www.businesswire.com/news/home/20240226844355/en/
    Albert Maixner, National Accounts Sales Director for Retirement Plans at The Standard (Photo: Business Wire)
    With the significant increase in demand for innovative solutions including pooled employer plans and managed accounts for retirement, Maixner’s role enhances The Standard’s delivery of strategies and tools for advisory firms.
  • Prior to joining The Standard, he worked in retirement plan sales roles at Principal Financial Group and Prime Pensions.
  • “Albert is a talented sales leader who built deep relationships within our industry by helping firms and advisors solve problems,” said Patrick Bushlack, director of business development in Retirement Plans at The Standard.

Beyond Business: Principal® Provides Office Space to Pi515

Retrieved on: 
Tuesday, January 16, 2024

Principal Financial Group® welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space.

Key Points: 
  • Principal Financial Group® welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space.
  • Beginning today, Pi515 will operate on the first floor of 710 9th Street on the Principal® campus.
  • “Principal is committed to cultivating a vibrant, thriving campus and downtown,” said Jo Christine Miles, director, Principal® Foundation and Principal Community Relations.
  • Pi515 will have a rent-free space allowing them to focus financial resources on their mission and provides a well-equipped space to help prepare students for a variety of career opportunities in the emerging digital workforce.

Retirement Expectations Evolve as Workforce Ages According to Principal® Survey

Retrieved on: 
Wednesday, January 10, 2024

According to new research from Principal Financial Group ®, expectations around how and when to retire by generation vary greatly – placing increased focus on employee engagement and personalized investment strategies to help improve financial security and retirement readiness.

Key Points: 
  • According to new research from Principal Financial Group ®, expectations around how and when to retire by generation vary greatly – placing increased focus on employee engagement and personalized investment strategies to help improve financial security and retirement readiness.
  • “Attitudes and expectations for retirement continue to evolve, and we expect the desire to approach retirement in phases will continue to grow with future generations,” said Chris Littlefield, president of Retirement and Income Solutions at Principal®.
  • 2This wave included a survey of 137 individuals between the ages of 50 and 75 who consider themselves retired or have previously fully retired and gone back to work.
  • 3In order to be included in the survey sample, employees must work full-time, and their employer has to offer either health insurance or retirement as an employee benefit.

California Water Service Group Announces Appointment of James P. Lynch to Senior Vice President, Chief Financial Officer, and Treasurer

Retrieved on: 
Thursday, January 4, 2024

SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE : CWT) today announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company as Senior Vice President, Chief Financial Officer and Treasurer, effective January 3, 2024.

Key Points: 
  • SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE : CWT) today announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company as Senior Vice President, Chief Financial Officer and Treasurer, effective January 3, 2024.
  • He succeeds interim Vice President, Chief Financial Officer, and Treasurer David B. Healey.
  • Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth transition and supporting the company in its fiscal year 2023 financial reporting.
  • “California Water Service Group retained a national search firm where Jim quickly rose to the top of the list,” said Chairman and Chief Executive Officer Martin A. Kropelnicki.

Paul Mueller Company Completes the Terminations of the Paul Mueller Company Contract Employees Retirement Plan and the Paul Mueller Company Noncontract Employees Retirement Plan

Retrieved on: 
Monday, December 18, 2023

SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC Pink: MUEL) (the “Company”) has completed the terminations of the Paul Mueller Company Contract Employees Retirement Plan and the Paul Mueller Company Noncontract Employees Retirement Plan.

Key Points: 
  • SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC Pink: MUEL) (the “Company”) has completed the terminations of the Paul Mueller Company Contract Employees Retirement Plan and the Paul Mueller Company Noncontract Employees Retirement Plan.
  • Both standard terminations were announced in late 2022 and subsequently approved by the Internal Revenue Service.
  • The Company funded an additional $7.4 million to complete the terminations with the affected participants receiving either a lump sum payment or a monthly annuity payment provided by the selected insurance company, Principal Life Insurance Company.
  • The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances.

Coherus BioSciences Announces CFO Transition Plans

Retrieved on: 
Thursday, December 7, 2023

REDWOOD CITY, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS), today announced that McDavid Stilwell, Chief Financial Officer (CFO), has resigned from the company to pursue other opportunities.

Key Points: 
  • REDWOOD CITY, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS), today announced that McDavid Stilwell, Chief Financial Officer (CFO), has resigned from the company to pursue other opportunities.
  • Mr. Stilwell’s last day of employment with Coherus will be December 31, 2023, with ongoing service provided beyond that date by mutual agreement.
  • “McDavid has been a strategic partner and a valuable member of our management team during these last three years of rapid product portfolio growth at Coherus,” said Denny Lanfear, Chairman and Chief Executive Officer of Coherus.
  • The fundamental strength of Coherus’ finance function positions us well to achieve the goals set for 2024 and beyond.

Ameritas names new chief financial officer

Retrieved on: 
Tuesday, December 12, 2023

LINCOLN, Neb., Dec. 12, 2023 /PRNewswire/ -- Michele Wu has been named senior vice president, chief financial officer and treasurer, Ameritas announced.

Key Points: 
  • LINCOLN, Neb., Dec. 12, 2023 /PRNewswire/ -- Michele Wu has been named senior vice president, chief financial officer and treasurer, Ameritas announced.
  • Michele Wu has been named senior vice president, chief financial officer and treasurer, Ameritas announced.
  • Wu most recently served as chief financial officer for Principal Hong Kong, a member company of Principal Financial Group.
  • Sue Wilkinson, current executive vice president, CFO and treasurer, will move to president and chief operating officer effective Jan. 2, 2024.

BSIMM14 Report: Application Security Automation Soars

Retrieved on: 
Tuesday, December 5, 2023

SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published BSIMM14, the latest edition of the annual Building Security In Maturity Model (BSIMM) report analyzing the software security practices across 130 organizations, including some of the most advanced companies in cloud, financial services, FinTech, ISV, insurance, IoT, healthcare, and technology industries. The report found that the use of automated security technology is growing rapidly, which in turn is propagating the "shift everywhere" philosophy – performing security tests throughout the entire software development life cycle – across more organizations.

Key Points: 
  • Synopsys Software Integrity Group report highlights how customers embracing automation are improving security processes throughout the software life cycle.
  • This year's findings revealed a clear trend of firms increasingly taking advantage of security automation to replace manual, subject matter expert–driven security activities to reduce cost and improve effectiveness.
  • Greater automation has enabled organizations to embrace the shift everywhere philosophy, with automated, event-driven security testing increasing by 200% over the last two years.
  • "Companies are seeing firsthand that eliminating human error with consolidated, integrated security tooling makes security programs more effective and affordable — a compelling combination.

Matillion Adds AI Power to Pipelines with Amazon Bedrock

Retrieved on: 
Tuesday, November 28, 2023

MANCHESTER, England and DENVER, Nov. 28, 2023 /PRNewswire/ -- Data productivity provider Matillion announces the addition of generative artificial intelligence (AI) functionality to its flagship Data Productivity Cloud using Amazon Bedrock.

Key Points: 
  • MANCHESTER, England and DENVER, Nov. 28, 2023 /PRNewswire/ -- Data productivity provider Matillion announces the addition of generative artificial intelligence (AI) functionality to its flagship Data Productivity Cloud using Amazon Bedrock.
  • Amazon Bedrock is a fully managed service from Amazon Web Services (AWS) that makes foundation models (FMs) from leading AI companies accessible via an API to build and scale generative AI applications.
  • Adding a graphical LLM prompt component to the palette, Matillion brings no-code generative AI functionality to data pipelines, bridging the ever-growing data engineering skills gap.
  • Matillion announced its vision for integrating generative AI technologies into pipelines and Data Productivity Cloud at its user conference, Data Unlocked, last month.