Principal Financial Group Inc at Goldman Sachs US Financial Services Conference Transcript

Jan 23, 2024

Dec 07, 2022 / 01:00PM GMT
Alexander Scott - Goldman Sachs Group, Inc., Research Division - Equity Analyst

All right. We'll go ahead and get the session kicked off here. Thanks, everybody, for being here, and a special welcome to Dan Houston, CEO of Principal Financial Group. Thank you for being with us.

Daniel Joseph Houston - Principal Financial Group, Inc. - Chairman, CEO & President

Honored to be here.

Questions and Answers:

Alexander Scott - Goldman Sachs Group, Inc., Research Division - Equity Analyst

Thank you for the invitation. So I'll start with a high-level question. You've gone through this process of refining the business mix, and you've talked about that allowing you to get to a 15% ROE in '22 and '23. And I thought I would just get the update on what are some of those things you've done? What are the drivers that are going to allow that to happen? And can it still happen in a somewhat uncertain environment as we look into '23?

Daniel Joseph Houston - Principal Financial Group, Inc. -

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