Ellen Cooper Assumes Role of Lincoln Financial Group President and Chief Executive Officer | National Business
RADNOR, Pa.–(Business WIRE)–Might 27, 2022–
Lincoln Fiscal Team (NYSE: LNC) today announced that Ellen G. Cooper has assumed the function of president and main govt officer (CEO) and has become a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 after 10 yrs as a Lincoln executive, serving most not too long ago as govt vice president, chief expenditure officer, head of Business Hazard and the Annuity Solutions group, and a member of the Lincoln Economic Foundation board.
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Ellen Cooper, President and CEO, Lincoln Fiscal Group (Picture: Business Wire)
As president and CEO, Cooper will lead the enterprise in setting up on more than a century of serving to persons gain economical stability – for right now and tomorrow. As a result of its main businesses – existence insurance coverage, annuities, team defense and retirement strategy services – and its major distribution channels, Lincoln empowers far more than 16 million clients to take cost of their economic lives with self esteem and optimism.
Cooper will provide as the 1st lady and the tenth president and CEO for Lincoln. She succeeds Dennis R. Glass, who served as president and CEO for 15 years. Glass now serves as chairman of the board.
“I am psyched to direct this extraordinary firm, which has a extended and productive keep track of document of delivering sturdy benefits to shareholders when offering sizeable worth to the customers who count on us each working day,” mentioned Cooper. “Harnessing the energy of our exceptional product or service production and distribution capabilities, blended with our solid lifestyle centered on longstanding associations and hugely gifted people today, we will continue on to supply trustworthy methods for millions of Us citizens trying to get fiscal safety and safety for themselves and the folks they care about most.”
During Cooper’s tenure at Lincoln, she has been instrumental in establishing and executing on the company’s general and separate account investment decision technique, overseeing far more than $300 billion in belongings and handling the company’s sector-major hedge method. Immediately after joining as Chief Investment Officer in 2012, her leadership part was expanded to contain obligation for Lincoln’s enterprise chance administration function and for the company’s market-primary Annuity Solutions business enterprise.
“Ellen and I have served side by aspect for the previous 10 decades, and she is just one of the most strategic and capable executives I’ve experienced the privilege of understanding,” stated Glass. “She has an fantastic depth of skills and passion for Lincoln, its mission and its men and women, along with a concentrate on the future and providing ongoing worth to our shareholders. I’m fired up to see all that Lincoln will carry out under Ellen’s leadership, and I glance forward to performing 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 recent lead independent director of the Lincoln board. “Ellen has performed a substantial purpose around the last 10 a long time setting up and executing on Lincoln’s effective approach, and I am confident she will continue to steward the company’s special tradition whilst encouraging the type of innovation that will allow Lincoln to improve and prosper for many years to appear.”
About Lincoln Fiscal Group
Lincoln Economical Team presents suggestions and remedies that help people just take cost of their economic lives with self-confidence and optimism. Now, roughly 16 million consumers trust our retirement, insurance and prosperity defense experience to enable address their life-style, savings and profits aims, and guard against prolonged-time period care expenditures. Headquartered in Radnor, Pennsylvania, Lincoln Monetary Team is the promoting title for Lincoln Countrywide Company (NYSE:LNC) and its affiliate marketers. The business experienced $308 billion in end-of-interval account values as of March 31, 2022. Lincoln Monetary Team is a fully commited company citizen included on key sustainability indices which include the Dow Jones Sustainability Index North The united states and FTSE4Good and ranks among Newsweek’s Most Liable Organizations. Committed to variety, fairness and inclusion, we are provided on transparency benchmarking applications this kind of as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Dedicated to giving our workers with versatile do the job arrangements, we ended up named to FlexJobs’ record of the Leading 100 Businesses to Check out for Remote Employment in 2022. With a long and rich legacy of performing ethically, telling the truth of the matter and speaking up for what is correct, Lincoln was recognized as one particular of Ethisphere’s 2022 World’s Most Ethical Firms®. Understand more 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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Supply: Lincoln Money Group
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PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
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