RADNOR, Pa.–(Enterprise WIRE)–May possibly 27, 2022–
Lincoln Financial Group (NYSE: LNC) today declared that Ellen G. Cooper has assumed the purpose of president and chief government officer (CEO) and has come to be a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 right after 10 a long time as a Lincoln government, serving most not long ago as govt vice president, main financial commitment officer, head of Company Risk and the Annuity Options team, and a member of the Lincoln Economic Foundation board.
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Ellen Cooper, President and CEO, Lincoln Economical Group (Photo: Enterprise Wire)
As president and CEO, Cooper will guide the business in setting up on additional than a century of serving to individuals achieve economical stability – for today and tomorrow. By means of its main enterprises – lifestyle insurance, annuities, team protection and retirement system providers – and its top distribution channels, Lincoln empowers far more than 16 million clients to acquire charge of their fiscal life with assurance and optimism.
Cooper will provide as the to start with woman and the tenth president and CEO for Lincoln. She succeeds Dennis R. Glass, who served as president and CEO for 15 several years. Glass now serves as chairman of the board.
“I am energized to guide this outstanding corporation, which has a extensive and effective track document of supplying robust benefits to shareholders when offering considerable value to the customers who depend on us just about every working day,” explained Cooper. “Harnessing the power of our superior product or service manufacturing and distribution capabilities, merged with our sturdy tradition centered on longstanding relationships and extremely proficient people today, we will continue on to produce trusted methods for hundreds of thousands of Us citizens seeking money protection and defense for by themselves and the persons they care about most.”
Through Cooper’s tenure at Lincoln, she has been instrumental in establishing and executing on the company’s common and different account expense method, overseeing much more than $300 billion in assets and managing the company’s field-foremost hedge method. Immediately after signing up for as Main Expense Officer in 2012, her leadership position was expanded to involve duty for Lincoln’s business possibility administration purpose and for the company’s sector-top Annuity Methods enterprise.
“Ellen and I have served side by aspect for the previous 10 many years, and she is a person of the most strategic and able executives I’ve had the privilege of figuring out,” explained Glass. “She has an extraordinary depth of expertise and passion for Lincoln, its mission and its people today, together with a emphasis on the long run and offering ongoing worth to our shareholders. I’m thrilled to see all that Lincoln will carry out less than Ellen’s leadership, and I search forward to working with her in my new capability as chairman of the board.”
“I’m delighted to formally welcome Ellen to her new job as Lincoln’s CEO,” said William Cunningham, former chairman and recent lead independent director of the Lincoln board. “Ellen has performed a considerable job in excess of the very last 10 yrs making and executing on Lincoln’s thriving method, and I am confident she will continue to steward the company’s specific culture while encouraging the kind of innovation that will permit Lincoln to improve and prosper for a long time to come.”
About Lincoln Economic Group
Lincoln Economical Group offers tips and remedies that aid people choose cost of their economic life with self-confidence and optimism. Right now, approximately 16 million customers believe in our retirement, insurance plan and prosperity defense know-how to aid tackle their life style, personal savings and profits aims, and guard from long-phrase care charges. Headquartered in Radnor, Pennsylvania, Lincoln Economic Team is the advertising and marketing title for Lincoln National Company (NYSE:LNC) and its affiliates. The corporation had $308 billion in conclusion-of-time period account values as of March 31, 2022. Lincoln Economical Group is a dedicated corporate citizen involved on major sustainability indices like the Dow Jones Sustainability Index North The united states and FTSE4Excellent and ranks amid Newsweek’s Most Dependable Corporations. Committed to range, fairness and inclusion, we are included on transparency benchmarking equipment such as the Company Equality Index, the Incapacity Equality Index and the Bloomberg Gender-Equality Index. Committed to supplying our employees with versatile work arrangements, we ended up named to FlexJobs’ checklist of the Top 100 Providers to View for Remote Employment in 2022. With a extended and prosperous legacy of performing ethically, telling the fact and speaking up for what is right, Lincoln was acknowledged as one of Ethisphere’s 2022 World’s Most Moral Organizations®. Study additional at: www.LincolnFinancial.com. Follow us on Fb, Twitter, LinkedIn, and Instagram. Indicator up for e-mail alerts at http://newsroom.lfg.com.
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Key phrase: UNITED STATES NORTH The usa PENNSYLVANIA
Industry Search phrase: BANKING Experienced Solutions Insurance plan FINANCE
Resource: Lincoln Fiscal Group
Copyright Business enterprise Wire 2022.
PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
Copyright Organization Wire 2022.