Principal Financial Group announced Teresa Hassara, will join the company to lead its workplace savings and retirement business. As a senior vice president in Retirement and Income Solutions (RIS), Hassara will report to Chris Littlefield, president of RIS, effective August 8, 2022. Hassara has spent more than 25 years helping shape workforce retirement solutions.

Prior to joining Principal, she held leadership roles at several retirement providers – FuturePlan by Ascensus, president (2021-22); MassMutual, head of workplace solutions (2017-20); and TIAA, president of institutional retirement (2009-16). Hassara began her career in banking after earning her Bachelor of Arts in Political Science from Vanderbilt University and her Master of Business Administration from The Wharton School of the University of Pennsylvania. She is also active in her community serving as prior Board Chair for Jobs for the Future and their current Finance Committee Lead.