RADNOR, Pa.–(Business WIRE)–Could 27, 2022–
Lincoln Economic Team (NYSE: LNC) nowadays declared that Ellen G. Cooper has assumed the role of president and chief govt officer (CEO) and has turn into a member of Lincoln National Corporation’s board of administrators. Cooper was named CEO-elect in August 2021 immediately after 10 yrs as a Lincoln govt, serving most a short while ago as executive vice president, chief expense officer, head of Company Danger and the Annuity Methods team, and a member of the Lincoln Money Basis board.
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Ellen Cooper, President and CEO, Lincoln Fiscal Team (Photograph: Business Wire)
As president and CEO, Cooper will lead the organization in making on a lot more than a century of supporting people attain economic safety – for nowadays and tomorrow. By means of its core companies – lifestyle coverage, annuities, team protection and retirement system expert services – and its foremost distribution channels, Lincoln empowers more than 16 million shoppers to choose demand of their financial lives with self confidence and optimism.
Cooper will provide as the initial girl and the tenth president and CEO for Lincoln. She succeeds Dennis R. Glass, who served as president and CEO for 15 a long time. Glass now serves as chairman of the board.
“I am enthusiastic to lead this unbelievable corporation, which has a extended and effective keep track of file of offering solid final results to shareholders when offering important benefit to the prospects who depend on us each day,” mentioned Cooper. “Harnessing the electricity of our superior product production and distribution abilities, put together with our powerful culture centered on longstanding relationships and highly gifted men and women, we will carry on to provide dependable methods for millions of Us citizens in search of financial protection and safety for on their own and the people they treatment about most.”
For the duration of Cooper’s tenure at Lincoln, she has been instrumental in establishing and executing on the company’s normal and separate account financial investment approach, overseeing much more than $300 billion in property and handling the company’s industry-main hedge application. Soon after signing up for as Chief Financial investment Officer in 2012, her leadership function was expanded to include accountability for Lincoln’s enterprise chance management operate and for the company’s current market-main Annuity Methods business.
“Ellen and I have served aspect by aspect for the final 10 several years, and she is one particular of the most strategic and able executives I have had the privilege of understanding,” said Glass. “She has an fantastic depth of abilities and enthusiasm for Lincoln, its mission and its people today, alongside with a concentrate on the foreseeable future and delivering ongoing price to our shareholders. I’m energized to see all that Lincoln will accomplish underneath Ellen’s leadership, and I search forward to doing work with her in my new potential as chairman of the board.”
“I’m delighted to formally welcome Ellen to her new role as Lincoln’s CEO,” reported William Cunningham, former chairman and present lead unbiased director of the Lincoln board. “Ellen has played a important part over the previous 10 yrs developing and executing on Lincoln’s prosperous strategy, and I am confident she will keep on to steward the company’s exclusive society whilst encouraging the type of innovation that will enable Lincoln to improve and prosper for a long time to come.”
About Lincoln Financial Group
Lincoln Financial Team provides guidance and alternatives that assist people choose cost of their economic life with self esteem and optimism. Today, about 16 million consumers rely on our retirement, insurance and prosperity security skills to support tackle their way of life, discounts and earnings ambitions, and guard against lengthy-expression treatment fees. Headquartered in Radnor, Pennsylvania, Lincoln Economic Team is the internet marketing title for Lincoln Countrywide Company (NYSE:LNC) and its affiliate marketers. The organization had $308 billion in conclusion-of-period of time account values as of March 31, 2022. Lincoln Economical Team is a committed company citizen bundled on key sustainability indices which include the Dow Jones Sustainability Index North The us and FTSE4Very good and ranks among Newsweek’s Most Accountable Providers. Dedicated to variety, equity and inclusion, we are included on transparency benchmarking instruments these kinds of as the Company Equality Index, the Incapacity Equality Index and the Bloomberg Gender-Equality Index. Committed to delivering our workers with versatile get the job done preparations, we had been named to FlexJobs’ list of the Major 100 Organizations to Enjoy for Remote Jobs in 2022. With a lengthy and prosperous legacy of performing ethically, telling the reality and talking up for what is ideal, Lincoln was identified as one of Ethisphere’s 2022 World’s Most Ethical Companies®. Learn much more at: www.LincolnFinancial.com. Stick to us on Facebook, Twitter, LinkedIn, and Instagram. Indicator up for e mail alerts at http://newsroom.lfg.com.
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Keyword: UNITED STATES NORTH America PENNSYLVANIA
Field Keyword: BANKING Skilled Services Insurance FINANCE
Source: Lincoln Monetary Team
Copyright Business Wire 2022.
PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
Copyright Business enterprise Wire 2022.