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Principal hires new compliance, investor relations leaders

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Principal Financial Group announced two new leadership hires within its compliance and investor relations operations. On Monday, Noreen Fierro (upper photo) joined Principal as senior vice president, chief compliance officer, overseeing all regulatory compliance operations for the global company. Fierro was previously chief ethics and compliance officer at Guardian Life, where she was co-executive sponsor of Guardian’s Women’s Leadership Network and was an advisory member of its enterprise Inclusion and Diversity Council. Most recently, she was chief compliance officer for online sports betting company BetMGM. Fierro joins the company following the decision of Betsy Happe to retire after 23 years with Principal, effective March 31. Additionally, Humphrey Lee (lower photo) has been named vice president, head of investor relations for Principal, effective Feb. 28. Lee will be responsible for guiding the company’s investor relations strategy. He brings experience to the role including valuation, financial modeling and assessments of key industry data and trends, as well as advising and supporting institutional investors. He comes to Principal from Dowling & Partners, where he was partner and head of life insurance and retirement services research. In that role he served as the lead analyst on 15 U.S. and Canadian life insurance and retirement companies. Lee takes on the position from John Egan, who was recently named vice president and chief financial officer for Principal International.