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Principal Financial promotes 2. (Executives).


Principal Financial Group Inc. has named Jim McCaughan executive vice president and global head of asset management and has promoted Julia Lawler Lawler can refer to: People
  • Alex Lawler, actor
  • Brian Lawler, wrestler
  • Chris Lawler, soccer player
  • Elaine Lawler, first white Ghanaian queen
  • Geoffrey Lawler, politician
  • John Lawler, linguist
  • Jerry Lawler, wrestler
 to senior vice president and chief investment officer.

McCaughan later will assume the role of president and chief executive officer of Principal Capital Management after the retirement of Dennis Francis. Francis plans to retire later this year after 36 years with Principal.

McCaughan has nearly 30 years of experience in the investment business. He was most recently CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Americas division of Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG.  Asset Management in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, where he was responsible for investments, distribution and operations throughout the Americas region.

As the new senior vice president and chief investment officer, Lawler will be responsible for oversight
For Oversight in Wikipedia, see Wikipedia:Oversight.


Oversight may refer to:
  • Government regulation — The role of an official authority in regulating a separate authority.
 of asset-accumulation investment activities for Principal Life Insurance Co. She joined Principal in 1984 and is president of Principal Capital Real Estate Investors' real estate equity group. Lawler will assume her new role July 1.
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Comment:Principal Financial promotes 2. (Executives).(Brief Article)
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:156
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