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Principal appoints Deanna Strable as first female CEO; Iowa native has deep local ties

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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.

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“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.”

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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.

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Iowa High School Looking To Consolidate In More Sports After Canceling Football Season

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Iowa High School Looking To Consolidate In More Sports After Canceling Football Season


One Iowa high school athletic department is facing extremely low numbers in multiple sports, prompting school officials to begin searching for programs to share with.

Exira-EHK High School has already cancelled the upcoming 2026 Iowa High School Athletic Association varsity football season, going instead with a junior varsity-only series of games. According to a report by Western Iowa Today, they have also shared softball with Audubon.

The Exira-EHK/Audubon softball team is currently ranked No. 1 in Class 1A of the Iowa Girls High School Athletic Union. A total of 11 of the players on the 23-girl team are from Exira-EHK. They are 15th in the latest High School On SI Iowa Top 25 State Rankings as they prepare for postseason play.

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Enrollment For Exira-EHK School District Continues To Drop

Enrollment at the high school level for the Spartans is down by over 20 students, with the expectation for even more of a drop in overall enrollment moving into the 2026-2027 school year.

Tom Petersen, the Exira-EHK athletic director, was part of a community-wide meeting earlier this week alongside Trevor Miller, the school superintendent.

“I’m going to continue to campaign, keep working (to get more kids out),” Petersen said. “It’s just part of being an AD and a coach. I have tried every scenario that I can to try and make it that our kids could go and play varsity (football).

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“It’s not the state’s fault, it’s not our fault; it’s the middle of a two-year cycle. I coached here for 20 years in football and it’s crushing (to not have a program).”

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Petersen also mentioned during the meeting that he is struggling to fill several coaching vacancies, including the head boys basketball position. He said that they have received zero applications for that coaching vacancy.

Spartans Currently Share Multiple Sports With Audubon

Along with baseball and softball, the Exira-EHK school district also shares girls basketball, boys wrestling, girls wrestling, boys tennis and girls tennis with Audubon. Petersen is proposing to the school board a share agreement for boys basketball, boys track and field, and girls track and field, in addition to the other sports.

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Last fall, the Spartans went 4-5 overall, as they won 22 games over a stretch of seasons after going 0-7 in 2020. Exira-EHK was 12-1 in 2013 and had three consecutive years of at least eight wins after that.

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The schools are a combination of the towns of Exira, Elk Horn and Kimballton.

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Person drowns at Coralville pool

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Person drowns at Coralville pool


CORALVILLE, Iowa (KCRG) – Coralville Police say a person has drowned at the Coralville Aquatic Center Tuesday afternoon.

The call went out shortly after 4 p.m. to 1513 7th Street for a drowning report.

Officers, lifeguards and paramedics gave lifesaving aid to the person. They were taken to the University of Iowa Health Care, where they were pronounced dead.

The identity of the victim has not been released. The incident is under investigation.

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Iowa City Man who ran over people in homeless encampment sentenced to nearly two decades in prison

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Iowa City Man who ran over people in homeless encampment sentenced to nearly two decades in prison


IOWA CITY, Iowa (KCRG) – An Iowa City man who pleaded guilty to driving into five people at a homeless encampment last August has been sentenced to serve nearly two decades in prison.

On August 15, 2025, Roman Aguilar Ventura drove his vehicle while under the influence through an encampment near Shelter House, an organization that assists homeless people.

Ventura pleaded guilty to several charges in March, including Operating While Under the Influence, two counts of Willful Injury Resulting in Bodily Injury, and three counts of Assault with a Dangerous Weapon. He also pleaded guilty to Driving While Barred and Driving While License Denied or Revoked.

In addition to his sentence, Ventura will also be subject to a six-year suspension of his drivers license, in addition to substance abuse treatment.

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