RADNOR, Pa.–(Business enterprise WIRE)–May well 27, 2022–
Lincoln Financial Group (NYSE: LNC) now declared that Ellen G. Cooper has assumed the position of president and main government officer (CEO) and has develop into a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 soon after 10 yrs as a Lincoln executive, serving most not too long ago as government vice president, main financial commitment officer, head of Enterprise Possibility and the Annuity Solutions group, and a member of the Lincoln Economic Basis board.
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Ellen Cooper, President and CEO, Lincoln Financial Team (Photograph: Enterprise Wire)
As president and CEO, Cooper will direct the corporation in creating on more than a century of helping people get economical safety – for now and tomorrow. By means of its main corporations – life insurance coverage, annuities, group defense and retirement prepare solutions – and its leading distribution channels, Lincoln empowers a lot more than 16 million buyers to acquire demand of their fiscal lives with self-assurance and optimism.
Cooper will provide as the initially woman and the tenth president and CEO for Lincoln. She succeeds Dennis R. Glass, who served as president and CEO for 15 many years. Glass now serves as chairman of the board.
“I am enthusiastic to guide this incredible organization, which has a extended and successful keep track of file of furnishing robust benefits to shareholders whilst delivering major benefit to the shoppers who count on us each and every working day,” said Cooper. “Harnessing the energy of our superior solution production and distribution abilities, combined with our solid lifestyle centered on longstanding interactions and extremely proficient folks, we will continue to supply trusted methods for tens of millions of Americans searching for money safety and protection for themselves and the men and women they care about most.”
Through Cooper’s tenure at Lincoln, she has been instrumental in building and executing on the company’s normal and different account expenditure tactic, overseeing additional than $300 billion in property and taking care of the company’s marketplace-top hedge software. Just after signing up for as Chief Investment decision Officer in 2012, her leadership function was expanded to involve accountability for Lincoln’s organization risk administration operate and for the company’s market-primary Annuity Solutions small business.
“Ellen and I have served facet by facet for the very last 10 decades, and she is one particular of the most strategic and capable executives I’ve experienced the privilege of being aware of,” claimed Glass. “She has an excellent depth of experience and passion for Lincoln, its mission and its individuals, together with a aim on the long run and offering ongoing price to our shareholders. I’m excited to see all that Lincoln will carry out underneath Ellen’s leadership, and I look forward to functioning with her in my new capacity as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new role as Lincoln’s CEO,” reported William Cunningham, previous chairman and present direct unbiased director of the Lincoln board. “Ellen has played a substantial part above the last 10 a long time making and executing on Lincoln’s effective system, and I am confident she will continue to steward the company’s distinctive culture whilst encouraging the kind of innovation that will make it possible for Lincoln to increase and prosper for many years to come.”
About Lincoln Economic Team
Lincoln Financial Team presents advice and options that enable individuals just take cost of their economic lives with self confidence and optimism. Now, around 16 million shoppers believe in our retirement, coverage and wealth security expertise to help deal with their lifestyle, personal savings and income plans, and guard in opposition to lengthy-time period treatment costs. Headquartered in Radnor, Pennsylvania, Lincoln Economical Group is the internet marketing title for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $308 billion in finish-of-period of time account values as of March 31, 2022. Lincoln Monetary Group is a dedicated corporate citizen bundled on important sustainability indices including the Dow Jones Sustainability Index North The united states and FTSE4Excellent and ranks among the Newsweek’s Most Liable Organizations. Focused to variety, fairness and inclusion, we are included on transparency benchmarking tools such as the Company Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Dedicated to delivering our workers with versatile function arrangements, we have been named to FlexJobs’ list of the Prime 100 Corporations to Look at for Distant Work opportunities in 2022. With a prolonged and abundant legacy of acting ethically, telling the fact and talking up for what is ideal, Lincoln was recognized as just one of Ethisphere’s 2022 World’s Most Moral Companies®. Discover a lot more at: www.LincolnFinancial.com. Comply with us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.
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PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
Copyright Company Wire 2022.