Dale Kindregan was named director, institutional marketing, at Principal Global Investors, confirmed spokeswoman Jaime Naig.
It is a new position. Ms. Kindregan will be responsible for leading Principal Global's endowment and foundation business as part of the firm's sales team. She will focus on universities, private and community foundations, museums and hospitals, according to a news release. She will report to George Jamgochian, executive director of U.S. distribution.
Ms. Kindregan previously was head of the endowment and foundation channel in PineBridge Investments' institutional sales group.
PineBridge spokeswoman Lauren Steinberg said firm officials declined to comment on a replacement.