In 2023, Daniel J. Houston earned $8.71M in total compensation at Principal Financial Group, including $1.04M salary and $7.33M in stock. Most recently acquired 931 shares in Sep 2024. Currently holds stock worth $23.80M. Has donated $26.27M in stock to charitable causes. Has led Principal Financial Group for over 11 years.
Compensation History
Annual executive compensation data for Daniel J. Houston, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.71M
Salary
$1.04M
Bonus
$0.00
Other
$343.29K
Salary
$1.04MBoard Justification
The compensation philosophy is designed to align the interests of executives with shareholders, emphasizing performance-based pay and retention strategies.
Bonus
$0.00Board Justification
No bonus was awarded for 2023 as the bonus structure is based on performance metrics that were not met.
Other Compensation
$343.29KBoard Justification
Other compensation includes perquisites and contributions to defined contribution plans.
Restricted Stock
Board Justification
91,515 shares of stock awards vested in 2023, based on performance metrics achieved during the performance period.
Performance Metrics
Performance metrics include non-GAAP operating earnings, customer-driven revenue growth, diversity index scores, and free capital flow ratios.
Daniel J. Houston
CEO of Principal Financial Group
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Principal Financial Group for
11 years 0 months (Nov 2014 - Present)
Previous Experience
President and Chief Operating Officer at Principal Financial Group, Inc.
Holdings
Track Daniel J. Houston's stock holdings and portfolio value over time.
Total Stock Sold
$39.41M
$39.41M
695,934 PFG shares
What if they kept their stock?
If Daniel J. Houston didn't sell their stock, today they would have:
Extra PFG695,934 shares worth $59.79M.
This is 51.71% and $20.38M more than what they got when they sold the stock.
Charitable Transactions
305,843 shares
PFG
Recent Charitable Transactions
30,675 shares
PFG
Jun 3, 2024
Charity
34,523 shares
PFG
Nov 21, 2023
Charity
592 shares
PFG
Aug 4, 2023
Charity
45,823 shares
PFG
Dec 31, 2021
Charity
125,000 shares
PFG
Dec 31, 2020
Charity
47,750 shares
PFG
Dec 27, 2019
Charity
Insider Trading
Daniel J. Houston's recent stock transactions, purchases, and sales filed with the SEC.
931 shares
PFG
Sep 27, 2024
Received
3,406 shares
ACGL
Aug 27, 2024
Received
985 shares
PFG
Jun 28, 2024
Received
$142.62K
ADT at $7.29/share
Jun 14, 2024
Received
30,675 shares
PFG
Jun 3, 2024
Charity
1,278 shares
PFG
Mar 28, 2024
Received
88,393 shares
PFG
Feb 26, 2024
Received
605 shares
PFG
Dec 20, 2023
Received
34,523 shares
PFG
Nov 21, 2023
Charity
632 shares
PFG
Sep 29, 2023
Received
Rivals
Compare Daniel J. Houston with competitor CEOs and industry peers.
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
Jim Cracchiolo
CEO of Ameriprise Financial
2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$8.38M
Other
$0.00
Total Holdings
$56.18M
Ronald J. Kruszewski
CEO of Stifel Financial
2023 Compensation
Stock
$0.00
Salary
$200.00K
Bonus
$2.26M
Other
$822.06K
Total Holdings
$123.55M
Zachary J. Wasserman
CEO of Huntington Bancshares
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$474.99K
Total Holdings
$229.24K
Robin M. Raju
CEO of Equitable Holdings
2022 Compensation
Stock
$10.60M
Salary
$1.25M
Bonus
$0.00
Other
$953.42K
Total Holdings
$7.75M