The Principal Financial Group Announces New Vice President of Independent Distribution

The Principal Financial Group ® announces Kurt Shallow has been named vicepresident of Independent Distribution. Shallow´s responsibilities will include leading wholesale distribution for the life insurance business of The Principal ®.

(Des Moines, Iowa) - The Principal Financial Group ® announces Kurt Shallow has been named

vice president of Independent Distribution. Shallow´s responsibilities will include leading wholesale distribution for the life insurance business of The Principal ®.  "Kurt is a welcome addition to our

team, bringing a depth of experience in developing and growing sales distribution models,´ said Meg Skinner, senior vice president of Life and Health Distribution for the Principal Financial Group.  "We look forward to his expertise as we continue expanding our current distribution through multiple channels while leveraging our local service and support model."

 Kurt Shallow comes to the Principal Financial Group from Lincoln Financial Distributors where he served as vice president of MGA (Managing General Agencies) relationships.  He has more than 20 years experience in the insurance and financial services industry working extensively in underwriting, product development, and brokerage channel and sales support.  

About the Principal Financial Group

The Principal Financial Group (The Principal ®) [1] is a leader in offering businesses, individuals

and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies and national network of financial professionals.  A member of the Fortune 500, the Principal Financial Group has $205.3 billion in assets under management [2]and serves some 16.0 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.

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