Iowa
Principal appoints Deanna Strable as first female CEO; Iowa native has deep local ties
Deanna Strable, a native Iowan and a Dowling Catholic High School graduate, will be the next CEO of Principal Financial Group, the company announced Tuesday.
Strable, the first woman to lead the Des Moines-based Fortune 500 firm, will take over Jan. 7, 2025. She will succeed Dan Houston.
“I am honored to be appointed as the company’s next president and CEO and build upon the strong foundation we’ve established under Dan’s leadership,” Strable said in a news release. “Throughout my career, I’ve seen Principal strengthen its position as a leading global financial services company dedicated to helping customers build strong financial futures. Alongside our committed and passionate colleagues around the world, I look forward to continuing our culture of innovation, inclusion, and service, with a focus on meeting customer needs to drive growth and create shareholder value.”
Houston will continue to serve as executive chair of the Principal board of directors, the company said.
“It has been an honor to serve as president and CEO and work with so many talented employees around the world,” Houston said in the news release. “Deanna has been a trusted partner and a co-architect in the company’s growth strategy. I have the utmost confidence in her leadership and business acumen and look forward to working with her to ensure a smooth transition.”
One of Iowa’s largest financial firms, the company has nearly 19,000 employees worldwide serving 68 million customers. It has $288 billion in assets and had $14.9 billion in revenue and $1.3 billion in profits in 2024, according to Forbes.
Strable will join the Principal board in January. She has been the company’s president and chief operating officer since August, and before that had been chief financial officer since 2017. She also has been president of the company’s workplace benefits and insurance business.
“Deanna brings strategic vision, strong leadership experience, and a deep understanding of the company’s interconnected business units and great culture,” Scott M. Mills, lead independent director of the Principal board, said in the news release. “She has cultivated a breadth and depth of experience during her 35 years with Principal and held key leadership roles in shaping its strategy and portfolio of businesses. We look forward to her continued leadership driving Principal into the next phase of growth.”
The news release said Strable has been instrumental in leading business strategy and operations. It said she helped build the company’s benefits and protection business as the first leader of its specialty benefits division before stepping into the role of business unit president in 2015.
Locally, Strable serves on the board of directors at Simpson College and previously held various positions for the United Way of Central Iowa.
Houston has served as president and CEO of Principal since 2015 and has held several leadership positions during his 40 years with the company. During his tenure, Principal’s market capitalization grew from $13 billion to more than $20 billion, the news release said.
“Dan has been the driving force behind Principal’s evolution over the last 10 years,” Mills said in the release. “He set the company’s growth agenda and led the company through significant transformation. Principal is in a position of strength today and is well positioned for continued growth thanks to his leadership.”
Kevin Baskins covers jobs and the economy for the Des Moines Register. Reach him at kbaskins@registermedia.com.
Iowa
UNI Tops No. 8 Iowa State in Women’s Basketball
Iowa
ESPN FPI for Week 13 Big 12 games including Iowa State at Utah
We have reached Week 13 in the college football season, which means the pressure intensifies and the need for wins is amplified.
This week there are several featured attractions around the Big 12 Conference. Those includes BYU looking to rebound at red-hot Arizona State while Kansas tries to knock off a third straight ranked opponent when they welcome Colorado to Kansas City.
Arizona and TCU kick things off early Saturday afternoon with BYU-Arizona State, Colorado-Kansas, Texas Tech-Oklahoma State and UCF-West Virginia starting 30 minutes later.
The night window includes Baylor at Houston, Iowa State at Utah and Cincinnati at Kansas State.
The mid-afternoon window of games will give those interested in how the conference turns out some key answers. BYU (9-1, 6-1) and Colorado (8-2, 6-1) have it pretty simple: win the next two games and you are in for the title game in December with a berth in the College Football Playoff on the line.
The Cougars, though, are coming off a disappointing loss at home to Kansas. Now, they have to play quite possibly the hottest team in the conference in Arizona State (8-2, 5-2), who has climbed all the way back to contention.
Led by Cam Skattebo and Sam Leavitt, the Sun Devils have won three in a row and five of is around a road loss to Cincinnati. They close with in-state rival Arizona next week.
Colorado will try to do what Iowa State and BYU couldn’t the last two weeks in solving Jayden Daniels and Kansas (4-5, 3-4), who are fighting for bowl eligibility themselves. Heisman Trophy frontrunner Travis Hunter and Shedeur Sanders have won four straight for head coach Deion Sanders.
* Matt Campbell talks up the Utah defense
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*Three stars in Iowa State’s win over Cincinnati including Stevo Klotz
*Complete game recap of Iowa State’s win over Cincinnati
* Scouting the opponent: Get to know QB Brendan Sorsby
* Latest college football playoff rankings
* What Cincinnati coach Scott Satterfield had to say about Cyclones
Iowa
Burns, 'grapefruit-size' wound and death trigger nursing home lawsuit • Iowa Capital Dispatch
One of Iowa’s s largest nursing home operators is facing the 10th wrongful death lawsuit filed against the company this year.
Recently, the family of the late Debbie Thomas sued Care Initiatives of West Des Moines and the Appanoose County nursing home the company operates, Centerville Specialty Care, in state court. The family is seeking unspecified damages for professional negligence, wrongful death and dependent adult abuse.
Care Initiatives, which doesn’t comment on pending litigation, has yet to file a response to the lawsuit. So far this year, at least 10 wrongful death lawsuits have been filed against company, which operates 43 Iowa nursing homes as well as several assisted living centers and hospice locations. In each of the lawsuits, Care Initiatives has denied any wrongdoing. Roughly 2,800 elderly or disabled Iowans receive care from one of the company’s facilities.
In August, the Iowa Capital Dispatch reported Care Initiatives was facing at least 10 then-active lawsuits, some of which were filed in 2023, alleging negligence or wrongful death. Some of those cases have since been resolved, but additional cases have been filed in the past three months.
One of the new cases involves Thomas, an Appanoose County woman who had sustained brain damage at birth in 1958. As an adult, Thomas could read, write and socialize with others and lived an active adult life, according to court records.
State inspection reports indicate that on Dec. 19, 2022, at the age of 64, Thomas was admitted to Centerville Specialty Care for rehabilitation after a brief hospital stay. According to the recently filed lawsuit, Thomas was joined by family members for dinner at the care facility two days after her admission, at which point the relatives found second-degree burns covering Thomas’ legs.
The family alleges Thomas’ bed had been pushed against a wall near a heating element. According to the lawsuit, the staff at Centerville Specialty Care was unaware of the burns until the family discovered them.
The next day, relatives returned to the home and allegedly discovered Thomas had developed a bed sore that the home’s staff characterized as “minor” – although, the lawsuit claims, the staff refused to say whether the wound was infected.
By Jan. 7, Thomas was allegedly diagnosed as malnourished and dehydrated, and on Jan. 27, the staff allegedly found that her blood pressure had dropped to an extremely low level. On Jan. 29, staff at the home called Thomas’ family to inform them Thomas was in a state of decline and was dying, according to the lawsuit.
“Nobody at Centerville Specialty Care called a doctor or an ambulance for Debbie until (her sister) demanded they do so,” the lawsuit claims.
Thomas was rushed to the emergency room at MercyOne-Centerville, where the medical staff allegedly concluded she was severely dehydrated, had a urinary tract infection, her kidneys were failing, and she had potassium levels so low they could trigger a heart attack. According to the lawsuit, doctors then showed the family a bed sore Thomas had sustained and which measured roughly 4 inches across.
Thomas died on Feb. 1, 2023. State records indicate the cause of death was sepsis – an often-deadly infection – that resulted from a bed sore.
Five days later, the Iowa Department of Inspections, Appeals and Licensing initiated an investigation at the Centerville home in response to seven complaints. Four of the complaints were substantiated, according to DIAL records.
The inspectors reported that the hospital’s emergency room physician said that when Thomas arrived there from Centerville Specialty Care, she was in serious pain and was admitted in critical condition with a deep, open, “grapefruit sized” bed sore that had become infected. The physician allegedly described Thomas’ hair as “matted, very dirty and unkempt” when she arrived in the ER.
State inspectors also reported that the physician questioned the accuracy of the nursing home’s claim that Thomas had been up and about and eating breakfast just hours before her admission to the ER.
The state proposed a $9,750 state fine that was then held in suspension while the Centers for Medicare and Medicaid Services considered a federal fine. CMS records indicate the agency eventually imposed a fine of $56,750 against the Centerville home.
A Marshalltown nursing home operated by Care Initiatives is accused of repeatedly failing to provide emergency treatment for a resident with “grossly decayed” teeth.
According to state inspectors, Southridge Specialty Care of Marshalltown failed over several months to thoroughly assess and follow through on physician-ordered interventions for a female resident’s “grossly decayed and non-restorable teeth.”
According to inspectors, the woman reported mouth pain to the Southridge staff from July through October, during which time she lost one tooth and other teeth broke, cutting her tongue.
In early September, a dentist allegedly gave the Southridge staff instructions to send the woman to the University of Iowa Hospitals emergency room to be evaluated by an oral surgeon for severe pain. According to inspectors, the dentist later complained that “nobody took her to the ER.”
On Oct. 23, the woman was seen again by the dentist who, according to inspectors, observed the woman’s teeth had worsened. “He referred her to go to the university hospital but no one set up the appointment,” inspectors later wrote in their report.
The inspectors’ report indicates University of Iowa Hospitals told the woman’s care providers the soonest they could schedule an appointment for the woman was Jan. 16, 2025, and the emergency room referrals were an attempt to provide immediate care.
On Oct. 29, the woman reportedly met with state inspectors and told them she was still experiencing severe pain and the decayed teeth had yet to be pulled. She allegedly stated that she didn’t know if she could wait a few months to have her teeth removed because “it hurt a lot” and she couldn’t eat or drink.
A proposed $5,500 state fine has been held in suspension for consideration of a federal fine.
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