Lincoln Financial Group appointed Ellen G. Cooper president and CEO and a member of Lincoln Countrywide Corporation’s board of administrators. Cooper was named CEO-elect in August 2021 immediately after 10 several years as an govt with the enterprise, serving most just lately as govt vice president, main expenditure officer, head of enterprise threat and the annuity answers team and a member of the Lincoln Monetary Basis board. Cooper will be the initial woman to serve as president and CEO of the corporation. She is succeeding Dennis R. Glass, who was the company’s ninth president and CEO, serving in individuals roles for 15 several years. Glass now serves as chairman of the board.
“I am psyched to lead this unbelievable organization, which has a extensive and successful monitor history of providing strong effects to shareholders although delivering substantial worth to the clients who rely on us each individual day,” Cooper stated. “Harnessing the energy of our top-quality products producing and distribution abilities, combined with our strong society centered on longstanding interactions and really talented people, we will go on to deliver trusted methods for tens of millions of People in america searching for economic stability and security for on their own and the individuals they treatment about most.”
Throughout Cooper’s tenure at Lincoln, she has been instrumental in building and executing on the company’s normal and different account expense system, overseeing extra than $300 billion in property and controlling the company’s hedge method. After becoming a member of as main investment decision officer in 2012, her management position was expanded to include duty for Lincoln’s business possibility management operate and for the company’s annuity options small business.
“Ellen and I have served side by side for the past 10 several years, and she is a single of the most strategic and capable executives I’ve experienced the privilege of understanding,” Glass mentioned. “She has an excellent depth of expertise and enthusiasm for Lincoln, its mission and its persons, along with a emphasis on the potential and providing ongoing benefit to our shareholders. I’m fired up to see all that Lincoln will accomplish underneath Ellen’s leadership, and I appear ahead to functioning with her in my new capacity as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new purpose as Lincoln’s CEO,” William Cunningham, former chairman and recent direct independent director of Lincoln’s board, stated. “Ellen has performed a important position around the final 10 several years constructing and executing on Lincoln’s profitable method, and I am self-confident she will go on to steward the company’s unique lifestyle when encouraging the form of innovation that will let Lincoln to improve and prosper for many years to arrive.”