Principal a Top Company for Executive Women
March 06, 2018 at 10:00 AM EST
For the 17th time, Principal Financial Group® is named one of the Top Companies for Executive Women by the National Association for Female Executives (NAFE). Principal is a member of the NAFE Top Companies Hall of Fame, recognized alongside nine other companies for their contributions and continued commitment to women’s leadership.
NAFE aims to recognize American corporations where women have significant clout to make the decisions that affect their company’s future and its bottom line. The NAFE Top 70 Companies, released today, is featured in the April/May issue of Working Mother. The full list of this year’s winners is listed on workingmother.com/nafe.
“At Principal we believe in developing outstanding female leaders and are extremely proud to receive NAFE’s prestigious recognition for 17 consecutive years. This represents another step forward for Principal as we continue to grow our already strong roster of female senior leaders and board members,” said Dan Houston, chairman, president and CEO of Principal. “Providing our female workers, and all employees, with the right development and leadership opportunities is critical to building a culture of diversity, inclusion, and equality at Principal.”
Principal leads initiatives that attract, retain, and promote women and diverse employees, including the following highlights:
These numbers are bolstered by robust leadership and development programs at Principal, including the Women in Leadership, Women in Technology Group, Women in Sales Program, Corporate Mentoring Program and a focus on succession planning.
“NAFE’s Top Companies shows us what progressive organizations are doing to ensure women’s advancement into executive positions. This year, noting increased enrollment and more companies with high scores, we decided to enlarge the list by 10,” said Subha V. Barry, senior vice president and managing director, Working Mother Media. Areas such as number of female CEOs and promotions at every level illustrate improvement. However, while there is increased CEO engagement in making sure women have the best chance to become leaders, we also note there has also been a dip in key indicators like top earners, which needs to be addressed.”
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