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The CEO of the 'Principal Financial Group' Believes that His Company Is Well-Positioned for Continued Long-Term Growth


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(OPEN):
LARRY ZIMPLEMAN--THE C-E-O OF THE PRINCIPAL FINANCIAL GROUP--IS IN NEW YORK, FOR THE COMPANY'S ANNUAL "INVESTOR DAY"; HE ALSO WILL BE RINGING THE NEW YORK STOCK EXCHANGE'S "CLOSING BELL" ON FRIDAY [SEPTEMBER 13TH]...

(ZIMPLEMAN):
"
'THE PRINCIPAL' WAS THE FIRST MAJOR-COMPANY TO GO PUBLIC ON THE 'NEW YORK STOCK EXCHANGE' FOLLOWING 'NINE-11'--WHICH STIMULATED CAPITAL-MARKETS AT THAT TIME.  WE'VE SINCE EXTENDED OUR FOOTPRINT SIGNIFICANTLY, THROUGHOUT THE WORLD.  OUR STORY IS ABOUT HAVING THE RIGHT STRATEGY, IN THE RIGHT EMERGING-MARKETS, AT THE RIGHT TIME.  TODAY, THERE'S UNPRECEDENTED DEMAND FOR FINANCIAL-SERVICES, AS 'BABY BOOMERS' PREPARE TO RETIRE.  AND, GLOBALLY, THERE'S TREMENDOUS GROWTH IN THE MIDDLE-CLASS--WHO NEED FINANCIAL-SOLUTIONS.  AS THE 29TH-LARGEST INVESTMENT-MANAGER WORLDWIDE, WE'RE WELL-POSITIONED FOR CONTINUED LONG-TERM GROWTH--TO BE THERE, WHEN SMALL BUSINESSES, INSTITUTIONS, AND CONSUMERS NEED FINANCIAL-SOLUTIONS."

(CLOSE):
FOR MORE INFORMATION, VISIT "PRINCIPAL"-DOT-COM.



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