Principal Funds is expanding its sales team with a new position.
Rich Pentz celebrated New Years as Principal's new regional director in the Central sales division, effective Jan. 1.
In that role, Pentz oversees the wirehouse channel in the territory that covers Indiana, one of Principal's largest.
Pentz reports to Bret Bussanmas, who is regional vice president and is based in Fishers, Ind.
Prior to Principal, Pentz served as regional director for Delaware Funds.