A Hawkeye State fundster is moving on after three decades with a publicly traded, Midwestern insurer in the asset management business.

Jeff Vorverk. is leaving Principal Financial Group's Principal Asset Management [profile], MFWire has learned. Vorverk most recently served as managing director of sustainable investing and investment team governance at the Des Moines, Iowa-based fund firm.

Vorverk's last day was on January 30, a Principal spokesperson writes to MFWire.

"His responsibilities have been redistributed across teams within the organization," the Principal spokesperson adds.

"After 30 incredible years, today marks my last day with Principal Financial Group," Vorverk writes in a LinkedIn post:

I'm deeply grateful for the relationships I've built — with colleagues, clients, financial professionals, and business partners around the world. These connections have truly been the most rewarding part of my journey. I also appreciate the opportunities to learn and contribute — starting in Retirement and Income Solutions, where I began my career working with exceptional teams dedicated to helping people achieve financial security, and concluding in Principal Asset Management, where I've spent the last decade alongside talented, passionate professionals delivering innovative investment products and solutions.

"Thank you to everyone who has been part of this chapter. I look forward to staying connected and embracing what the future holds," Vorverk writes on LinkedIn.

Vorverk first joined Principal in 1995, and he shifted to Principal AM in 2015, serving as director of global product development and strategic portfolio director before taking on his most recent role in 2024. He is an alumnus of Creighton University, of Drake University, and of the University of Iowa. 

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