Profile
Michael Jon Beer's current job(s) include being the President, Chief Executive Officer & Director at Principal Funds, Inc., the President & Director at Principal Shareholder Services, Inc., and the Independent Trustee & Executive Vice President at Principal Exchange Traded Funds.
Mr. Beer's former job(s) include being the President & Chief Executive Officer at Principal Management Corp., the President & Director at Princor Financial Services Corp., and a Trustee at Principal Diversified Select Real Asset Fund.
Mr. Beer obtained his undergraduate degree from the University of Northern Iowa in 1983.
Mike Beer active positions
| Companies | Position | Start |
|---|---|---|
Principal Exchange Traded Funds
Principal Exchange Traded Funds Investment Trusts/Mutual FundsMiscellaneous Exists as exchange Traded Fund | Director/Board Member | 01/01/2014 |
Principal Funds, Inc.
Principal Funds, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Chief Executive Officer | - |
Principal Shareholder Services, Inc.
Principal Shareholder Services, Inc. Multi-Line InsuranceFinance Provides life insurance services | President | 01/01/2007 |
Former positions of Mike Beer
| Companies | Position | End |
|---|---|---|
Principal Management Corp.
Principal Management Corp. Investment ManagersFinance Principal Management Corp. (PMC) serves as a sub-advisor to Principal Life Insurance Co. (“PLIC”) unregistered separate accounts that are custom target-date separate account series for Community Health Systems, Inc. (“CHS”) and Sanford Health retirement customers of PLIC. The two custom target date series, called the CHS Target Date Separate Account Series and the Sanford Target Date Separate Account Series, invest in Principal Funds and unregistered separate accounts of PLIC. PLIC hired PMC to be the sub-advisor for the two custom target-date PLIC separate account series. For the CHS and Sanford Target Date Separate Accounts, PMC develops and monitors each series’ strategic or long-term asset class targets and target ranges. PMC is also responsible for providing an active rebalancing strategy for each series designed to identify asset classes that appear attractive over the short-term and sets the percentage of each series’ assets to be allocated to a particular asset class. PMC selects the underlying funds or PLIC separate accounts for each asset class and the target weights for each underlying investment option. Eligible investment options for the CHS and Sanford Target Date Separate Account Series include PLIC unregistered separate accounts (separate accounts that do not invest in shares of Principal Funds) and Principal Funds. | Chief Executive Officer | 01/05/2017 |
Principal Diversified Select Real Asset Fund
Principal Diversified Select Real Asset Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust | Director/Board Member | - |
Princor Financial Services Corp.
Princor Financial Services Corp. Investment ManagersFinance Provides financial products and services | President | - |
Training of Mike Beer
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 7 |
|---|---|
Principal Funds, Inc.
Principal Funds, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Miscellaneous |
Principal Management Corp.
Principal Management Corp. Investment ManagersFinance Principal Management Corp. (PMC) serves as a sub-advisor to Principal Life Insurance Co. (“PLIC”) unregistered separate accounts that are custom target-date separate account series for Community Health Systems, Inc. (“CHS”) and Sanford Health retirement customers of PLIC. The two custom target date series, called the CHS Target Date Separate Account Series and the Sanford Target Date Separate Account Series, invest in Principal Funds and unregistered separate accounts of PLIC. PLIC hired PMC to be the sub-advisor for the two custom target-date PLIC separate account series. For the CHS and Sanford Target Date Separate Accounts, PMC develops and monitors each series’ strategic or long-term asset class targets and target ranges. PMC is also responsible for providing an active rebalancing strategy for each series designed to identify asset classes that appear attractive over the short-term and sets the percentage of each series’ assets to be allocated to a particular asset class. PMC selects the underlying funds or PLIC separate accounts for each asset class and the target weights for each underlying investment option. Eligible investment options for the CHS and Sanford Target Date Separate Account Series include PLIC unregistered separate accounts (separate accounts that do not invest in shares of Principal Funds) and Principal Funds. | Finance |
Princor Financial Services Corp.
Princor Financial Services Corp. Investment ManagersFinance Provides financial products and services | Finance |
Principal Exchange Traded Funds
Principal Exchange Traded Funds Investment Trusts/Mutual FundsMiscellaneous Exists as exchange Traded Fund | Miscellaneous |
Principal Diversified Select Real Asset Fund
Principal Diversified Select Real Asset Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust | Miscellaneous |
University of Northern Iowa
University of Northern Iowa Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Principal Shareholder Services, Inc.
Principal Shareholder Services, Inc. Multi-Line InsuranceFinance Provides life insurance services | Finance |
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