The Principal Financial Group is Once Again a Top 50 Company for Executive Women

Published on Thursday, 09 February 2012 08:19 Written by TradersHuddle Staff

DES MOINES, Iowa-( Business Wire )-

Championing women's advancement in the workplace has earned the Principal Financial Group^® a spot on the 2012 National Association for Female Executives (NAFE) Top 50 Companies for Executive Women. The list recognizes organizations whose policies and practices encourage advancement of women. This is the tenth consecutive year The Principal^® has been recognized by NAFE with this achievement.

“We are honored to mark a decade of this prestigious recognition and proud of the prominent leadership of women in our company. Throughout The Principal organization, and in nearly half of our senior management roles, women drive results,” said Mary O’Keefe, senior vice president and chief marketing officer, The Principal. “Providing our predominately female workforce with the right development opportunities, tailored leadership programs and education really gives our female employees a chance to own their success.”

The annual list credits organizations that serve as champions for women in the workplace, with specific emphasis on the number of women at the highest ranks and those with jobs with profit-and-loss responsibility. It also measures women’s representation in the highest-paid and top-tier positions at America’s largest companies. To be considered, companies must have a minimum of two women on their board of directors as well as at least 500 employees in the U.S.

“The NAFE Top 50 Companies are major employers that are committed to hiring, retaining and promoting executive women. They represent a cross-section of companies that go way beyond lip service in helping women succeed. Almost seven out of 10 companies require their managers to receive training on how to hire, advance or manage women,” said Carol Evans, president of Working Mother Media and CEO, NAFE.

For more news and insights from The Principal, connect with us on Twitter at: http://twitter.com/ThePrincipal.

About NAFE

The National Association for Female Executives (NAFE), founded in 1972 serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses. Working Mother magazine publishes the annual Top Companies and the Women of Excellence lists. NAFE.com provides up-to-date information, community for women in business and access to member benefits. NAFE is a division of Working Mother Media, owned by the Bonnier Corporation. 2012 marks the 40^th anniversary of NAFE.

About the Principal Financial Group

The Principal Financial Group^® (The Principal^®)¹ is a global investment management leader including retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500^®, the Principal Financial Group has $335.0 billion in assets under management² and serves some 18.0 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.

¹ “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

² As of Dec. 31, 2011.

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