Principal Funds Names Drew Lawton to Board of Directors

DES MOINES, Iowa--(BUSINESS WIRE)-- Principal Funds has named Drew Lawton, former CEO and senior managing director of New York Life Investment Management, to its board of directors.

Lawton’s financial services career spanned more than 30 years and included roles with Aetna Life and Casualty, Fidelity Investments, Fridson Investment Advisors and, most recently, New York Life. His experience in these organizations included leading institutional, retirement and retail market businesses within the U.S. and globally.

“We are pleased to welcome Drew to our board. His extensive knowledge of the investment management business and experience in the mutual fund industry will serve Principal Funds’ shareholders well,” said Mike Beer, president and CEO of Principal Funds.

Lawton earned a bachelor’s degree in administrative science from Yale University and an MBA from the University of North Texas. He serves on the board of directors of the Make-A-Wish Foundation of America.

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About Principal®Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. Our employees are passionate about helping clients of all income and portfolio sizes achieve their goals – offering innovative ideas, investment expertise and real-life solutions to make financial progress possible. To find out more, visit us at principal.com.

Principal, Principal and symbol design and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

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Principal
Media Contact:
Jaime Naig, 515-490-9954
[email protected]

Source: Principal

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