Principal Financial Group® Chairman, President & CEO Dan Houston Recognized with the 2023 Ray Lillywhite Award by EBRI at the Defined Contribution West Conference in San Diego, CA
24 Outubro 2023 - 3:08PM
Business Wire
Principal Financial Group® chairman, president & CEO Dan
Houston received the 2023 Ray Lillywhite Award today from the
Employee Benefit Research Institute (EBRI) at the Defined
Contribution West Conference in San Diego, CA. The Ray Lillywhite
Award celebrates contributions by individuals who have had
distinguished careers in the retirement and investment management
fields and whose outstanding service has enhanced Americans'
economic security. The award is presented by EBRI as merited by
individual and group excellence and is named after Ray Lillywhite,
a pioneer in the pension field who for decades guided state
employee pension plans.
“For nearly four decades, Dan has tirelessly shown a true
dedication to industry growth, innovation and financial security
for all Americans. His strong sense for community support has
permeated into the overall business philosophy for Principal
globally – and that’s part of its success today. The Employee
Benefit Research Institute recognizes Dan with the 2023 Ray
Lillywhite Award because of his longtime focus on advanced
financial security and retirement programs for employees and
employers,” said Barb Marder, president & CEO, EBRI.
Past Ray Lillywhite Award winners included: U.S. Senators Rob
Portman and Ben Cardin; Howard Fluhr, The Segal Group; Karin
Brodbeck, Nestlé USA; Olivia Mitchell, Wharton School, University
of Pennsylvania; and William F. Sharpe, Stanford University
Graduate School of Business.
“I am deeply honored and humbled to receive this year’s
Lillywhite Award,” said Dan Houston, Principal chairman, president,
and CEO. “Financial security is not just a personal achievement but
a societal imperative. It is our collective responsibility to help
ensure that everyone has access to the products, tools and
knowledge needed to secure their own financial future.”
Houston joined Principal in 1984. He has held several management
positions, being named senior vice president in 2000, executive
vice president in 2006, and president of the retirement division in
2008. He was named president and chief operating officer in 2014
before assuming his current role in 2015. Houston is a member of
the Business Roundtable, past chair of the American Council of Life
Insurers, chair of the ICON Water Trails initiative and served on
the EBRI board of directors, as well now advising multiple
organizations including the Iowa State University Business School
Dean’s Advisory Council, Future Ready Iowa, Partnership for a
Healthier America, and Community Foundation of Greater Des
Moines.
His critical leadership role in advocacy and policy development
keeps making great strides. Houston appeared before the U.S. Senate
Special Committee on Aging to discuss the importance of educating
the workforce about their financial needs in retirement; joined the
joint forum of U.S. Senate Committees on Finance and Health,
Education, Labor, and Pensions to discuss private-sector retirement
savings plans; and is a vocal champion for SECURE 2.0. He also
authored a chapter in “The Upside of Aging” published by John Wiley
& Sons (2014) on the keys to achieving financial security.
Under Houston’s leadership, in 2022 Principal initiated the
Global Financial Inclusion Index to track financial inclusion
across 42 global markets. The goal is to gain greater insight into
the levers that enable and inhibit financial inclusion around the
world. The work is rooted in the belief that financial inclusion
sits at the heart of financial security and global economic
progress. Houston leverages the report with business leaders,
government officials, and financial services professionals, helping
them make informed progress toward greater financial inclusion.
Principal Financial Group (Nasdaq: PFG) is a global
financial company with approximately 19,000 employees1 passionate
about improving the wealth and well-being of people and businesses.
In business for more than 140 years, Principal is helping
approximately 62 million customers1 plan, insure, invest, and
retire, while working to improve our planet, support the
communities where we do business, and build a diverse, inclusive
workforce. Principal is proud to be recognized as one of the 2023
World’s Most Ethical Companies2, a member of the Bloomberg Gender
Equality Index, and a Top 10 “Best Places to Work in Money
Management.”3 Learn more about Principal at principal.com.
1 As of June 30, 2023 2 Ethisphere, 2023 3 Pensions &
Investments, 2022
The Employee Benefit Research Institute is a non-profit,
independent and unbiased resource organization that provides the
most authoritative and objective information about critical issues
relating to employee benefit programs in the United States. For
more information, visit www.ebri.org.
Insurance products issued by Principal National Life Insurance
Co (except in NY) and Principal Life Insurance Company®. Plan
administrative services offered by Principal Life. Principal Funds,
Inc. is distributed by Principal Funds Distributor, Inc. Securities
offered through Principal Securities, Inc., member SIPC and/or
independent broker/dealers. Referenced companies are members of the
Principal Financial Group®, Des Moines, IA 50392. ©2023 Principal
Financial Services, Inc.
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Ron Dresner dresner@ebri.org
Principal Financial (NASDAQ:PFG)
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