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View from 801 Grand. The headquarters of its owner, Principal Financial Group, is located on the first floor at 711 High Street.
The Principal Financial Group Des Moines Ia
Principal Financial Group is an American investment management and insurance company based in Des Moines, Iowa, USA.
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The company consists of four divisions: Retirement & Income Solutions, Global Global Investors, Principal International and Benefits & Protection.
The company employs about 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the city. The tallest, 801 Grand, is 45 stories high (192 m/630 ft),
As of March 2014, Principal employs 14,600 people worldwide, and its global delivery center, Principal Global Services, is located in Pune, Maharashtra, India.
Principal has been a registered lobbyist in the Iowa Legislature since December 2016. He was elected to hold the executive branch of Iowa government.
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In 2019, Principal acquired Wells Fargo’s pension and trust business (including 401k, psion, executive deferred compensation, employee benefit plans and wealth advisory businesses) for $1.2 billion. The deal was financed with cash and equity-linked debt.
In 2021, Elliott Investment Management took a stake in Principal and demanded changes to the company.
Negotiations with Elliott announced two new independent directors to its board in February 2021.
Eddie was a key figure in Principal Financial Group’s commercials from 2005 to 2015. Eddie’s television and print commercials often feature him tackling financial, business and individual issues and issues. date using the Principal Age logo. Eddie retired in 2015 to prepare the company’s new logo, which debuted in 2016.
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Principal is the name of the Principal Riverwalk, Principal Park and Principal Charity Classic in Des Moines.
On August 20, 2020, the company announced that Kay McCullum will become CEO following the retirement of Julia Lawler. On June 20, Principal marked a major milestone in his five-year, $400 million redevelopment of downtown Des Moines. campus. The global financial advisory firm celebrated the return of a key part of its main campus with the reopening of 711 High Street.
The renovation of the Art Deco building involved opening up the entire foundation of the seven-story building to create a large atrium with glass walls and roof. The ceiling was raised to become a common space for the clerestory campus, and the skyways connecting the other buildings were brought to one level to increase the flow. The renovation will also include a new public entrance, meeting rooms, fitness center, health center, gallery, outdoor hall, customer center and shopping center. Originally built in 1938, the home features decorative details and beautiful historic finishes that were preserved and maintained by our team during construction.
OPN has been working with Principal since 2013 to renovate every building in the city’s business district. The renovation of 750 Park was completed in two stages, when half of the building was opened in 2014 and the other half in 2015. at 801 Grand was completed in 2017. The building of the Principal Corporate 2 is under construction. It is planned to be installed in 2018.
Principal Financial Group Inc (tii:pfg)
The goal is to redesign one of the principal’s offices to better accommodate collaboration within the four walls, recognizing that employees need spaces to work independently, e.g. giving employees a chance to work together. According to the Des Moines Register, the result is packed with features you have to see to believe. And the Des Moines Business Record says the renovated headquarters will restore the building’s grandeur.
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