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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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(57 seconds)
-- How Will You Use This Story? --
(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.
