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.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.