An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Principal Financial Group® Names H. Elizabeth Mitchell to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Principal Financial Group (NASDAQ: PFG) has appointed H. Elizabeth Mitchell to its Board of Directors. Mitchell, who previously served as President and CEO of Renaissance Reinsurance, brings extensive operational experience and leadership from the insurance sector. Her background includes tenures at Platinum Underwriters Reinsurance and St. Paul Companies. Mitchell has been recognized as a leader in the industry, earning multiple accolades throughout her career, including being named Insurance Woman of the Year in 2007. Her addition is expected to enhance Principal's strategic focus on capital efficiency and growth initiatives.
Positive
H. Elizabeth Mitchell brings extensive operational experience in the insurance industry.
Her leadership is expected to enhance Principal's strategic focus on capital efficiency and growth.
Negative
None.
DES MOINES, Iowa--(BUSINESS WIRE)--
Principal Financial Group® (Nasdaq: PFG) announced today that H. Elizabeth Mitchell, former president and chief executive officer of Renaissance Reinsurance U.S., has been elected to the Principal® Board of Directors.
“We’re excited about the opportunity to bring Liz on-board, and benefit from her rich operational experience and hands-on leadership within the insurance industry,” said Dan Houston, chairman, president, and chief executive officer of Principal. “As Principal continues to deliver on its commitment to be more capital efficient with a sharp focus on our growth drivers, her background managing diversified operations and driving excellence across a portfolio will be a value-add to the Board and senior management.”
Mitchell retired as President and CEO of Renaissance in 2016 after joining the company as part of an acquisition of Platinum Underwriters Reinsurance Inc., a property, casualty, and health reinsurance firm, where she had served as President and CEO for 10 years. Prior to Platinum, Mitchell held senior positions at St. Paul Companies, English & American Insurance Group, and Tillinghast. Today, she also serves on the Board of Directors for Selective Insurance Group, Inc.
Throughout her career, Mitchell has been recognized as a powerful leader in the insurance industry. The Association of Professional Insurance Women named Mitchell as Insurance Woman of the Year in 2007. She has been honored by Intelligent Insurer in 2014 and 2015 in “100 Influential Women in Re/Insurance” and twice by Business Insurance Magazine, in 2000 as one of the 40 top insurance executives under 40 years old, and again in 2007 as one of the 50 “Women to Watch”. She graduated as Valedictorian from College of the Holy Cross with a Bachelor of Arts.
Principal Financial Group® (Nasdaq: PFG) is a global financial company with 18,500 employees2 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 54 million customers2 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of America’s 100 Most Sustainable Companies3, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management4.” Learn more about Principal and our commitment to building a better future at principal.com.
1 Principal, Principal and symbol design and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
2 As of April 30, 2022 3 Barron’s, 2022
4 Pensions & Investments, 2021
Who is H. Elizabeth Mitchell and what is her background?
H. Elizabeth Mitchell is the former President and CEO of Renaissance Reinsurance, with extensive experience in the insurance industry, including leadership roles at Platinum Underwriters and St. Paul Companies.
What impact will H. Elizabeth Mitchell have on Principal Financial Group?
Mitchell's leadership is expected to strengthen Principal's focus on capital efficiency and growth initiatives due to her operational expertise.
When was H. Elizabeth Mitchell appointed to the Board of Directors of Principal?
H. Elizabeth Mitchell was appointed to the Board of Directors of Principal Financial Group as announced in the press release.
What previous positions did H. Elizabeth Mitchell hold before joining Principal's Board?
Before joining Principal's Board, Mitchell served as President and CEO of Renaissance Reinsurance and held senior positions at Platinum Underwriters and St. Paul Companies.
