Principal Financial Group Appoints Lisa Coulson as New Chief Human Resources Officer

Principal Financial Group Appoints Lisa Coulson as Chief Human Resources Officer

Principal Financial Group announces the appointment of Lisa Coulson as its new chief human resources officer (CHRO) and senior vice president, effective November 30, 2024. With 17 years of service at Principal, Coulson possesses a wealth of experience in aligning talent strategies with the company’s overarching business objectives. She previously held the role of vice president of human resources, where she honed her expertise in strategic compensation, benefits design, and executive coaching, bolstering her credentials within the human resources sphere. Her extensive background in human resources consulting and management for 15 years further solidifies her capability to lead the firm’s HR initiatives.

Deanna Strable, the company’s president and CEO elect, underscores the significance of Coulson’s experience in leader development and workforce planning. As Principal Financial Group adapts its talent strategy to meet the evolving needs of its customers, Coulson's insights will be instrumental in navigating these changes. This strategic appointment comes at a time when the company aims to enhance its workforce capabilities in response to market dynamics, ensuring that its nearly 20,000 employees are well-equipped to deliver on Principal’s mission of improving wealth and well-being for its approximately 68 million customers.

Coulson succeeds Jon Couture, who departs after six years in the role, marking a new chapter for the HR department. Expressing her enthusiasm for her new position, Coulson highlights Principal’s strong values and culture, which are integral to the organization’s identity. The company’s long-standing commitment to diversity and inclusion has been acknowledged through various accolades, including its recognition as one of the 2024 World's Most Ethical Companies® by Ethisphere and its status as a member of the Bloomberg Gender Equality Index. Coulson’s leadership is expected to further strengthen these initiatives as Principal continues to foster an inclusive workplace while addressing the evolving demands of the financial services industry.

In conclusion, Lisa Coulson’s appointment as CHRO positions Principal Financial Group to enhance its human resources strategy, aligning talent management with the company’s mission and values. Her extensive experience and proven track record in human resources will be crucial as the firm continues to navigate the complexities of workforce management and customer needs in the financial sector. As the company moves forward, it remains dedicated to supporting its employees and fostering a culture of ethical practices and inclusivity, crucial for its long-term success.