Principal Financial's Lamale Steps Down as Risk Chief, Elming Is Promoted

Principal Financial Group Inc., the seller of life insurance and retirement products, said Ellen Z. Lamale is stepping down as chief risk officer early next year after more than three decades with the company.

Greg Elming, currently senior vice president and controller, will become chief risk officer, the Des Moines, Iowa-based insurer said today in a statement distributed by Business Wire.

To contact the reporter on this story: Noah Buhayar in New York at Nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.