Deanna Strable-Soethout

Deanna Strable-Soethout
BornDecember 1968 (age 57)
Iowa, United States
CitizenshipAmerican
Alma materNorthwestern University
OccupationsBusiness executive, actuary
Years active1990–present
EmployerPrincipal Financial Group
Known forCEO of Principal Financial Group
TitlePresident and Chief Executive Officer; Chair of the Board
TermCEO (7 January 2025– ); Chair (2 September 2025– )
Board member ofElevance Health; Simpson College

Deanna Dawnette Strable-Soethout is an American business executive and actuary who is the Chief executive officer (CEO) and Executive Chair of the Board at Principal Financial Group since January 2025.[1][2] Strable is an actuary who has served as a Chief operating officer (2024–2025) and Chief financial officer (2017–2024).[3][4]

Early life and education

Strable-Soethout was born in 1968 in Iowa and according to company biographies says she obtained a bachelor's degree from Northwestern University in Evanston, Illinois.[1]

Career

Strable-Soethout joined Principal in 1990 as an actuarial associate and held a variety of leadership roles across the company's insurance and retirement businesses. She was named president of Benefits & Protection in 2015, served as chief financial officer from 2017 to 2024, and became president and chief operating officer in August 2024.[3]

On 11–12 November 2024, Principal announced that Strable-Soethout would become president and chief executive officer effective January 7, 2025 and join the company's board of directors. The board formalized the CEO appointment in a Form 8-K filing dated 14 November 2024.[2][5][6]

On 19 August 2025, the company announced that Strable-Soethout had been elected chair of the board, effective 2 September 2025, succeeding executive chair Dan Houston.[7]

Board service and professional affiliations

Strable-Soethout serves on the boards of Elevance Health (since 2022) and Simpson College. She previously served on the board of United Way Worldwide.[8][9][10] She is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries.[7]

See also

References

  1. ^ a b "Deanna Strable Elected Principal® Board Chair". Principal Financial Group – Investor Relations. Principal Financial Group, Inc. 19 August 2025. Retrieved 10 September 2025.
  2. ^ a b "Principal's Deanna Strable to Take Over as CEO in 2025". Planadviser. Strategic Insight. 12 November 2024. Retrieved 10 September 2025.
  3. ^ a b "Principal® names Deanna Strable President and Chief Operating Officer". Principal.com. Principal Financial Group, Inc. 21 August 2024. Retrieved 10 September 2025.
  4. ^ "Principal Financial Group – Deanna Strable-Soethout named Chief Financial Officer". Reuters. 20 September 2016. Retrieved 10 September 2025.
  5. ^ "Principal® names Deanna Strable next president and CEO". Principal Financial Group – Investor Relations. Principal Financial Group, Inc. 12 November 2024. Retrieved 10 September 2025.
  6. ^ "Form 8-K — Principal Financial Group, Inc". Principal Financial Group – Investor Relations. Principal Financial Group, Inc. 14 November 2024. Retrieved 10 September 2025.
  7. ^ a b "Deanna Strable Elected Principal® Board Chair". Principal.com. Principal Financial Group, Inc. 19 August 2025. Retrieved 10 September 2025.
  8. ^ "Elevance Health Board Welcomes Deanna Strable as New Director". Elevance Health. Elevance Health, Inc. 25 October 2022. Retrieved 10 September 2025.
  9. ^ "Deanna Strable — Management biography". Principal Financial Group – Investor Relations. Principal Financial Group, Inc. Retrieved 10 September 2025.
  10. ^ "Board of Trustees". Simpson College. Indianola, Iowa. Retrieved 10 September 2025.
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