Ellen Cooper Assumes Role of Lincoln Financial Group President and Chief Executive Officer | National Business
RADNOR, Pa.–(Business WIRE)–May possibly 27, 2022–
Lincoln Monetary Team (NYSE: LNC) these days announced that Ellen G. Cooper has assumed the part of president and chief govt officer (CEO) and has turn into a member of Lincoln Countrywide Corporation’s board of administrators. Cooper was named CEO-elect in August 2021 just after 10 years as a Lincoln government, serving most a short while ago as government vice president, chief financial commitment officer, head of Organization Risk and the Annuity Remedies group, and a member of the Lincoln Fiscal Basis board.
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Ellen Cooper, President and CEO, Lincoln Economical Group (Image: Organization Wire)
As president and CEO, Cooper will lead the corporation in constructing on additional than a century of helping people today acquire fiscal safety – for nowadays and tomorrow. As a result of its main enterprises – life coverage, annuities, team security and retirement program companies – and its main distribution channels, Lincoln empowers additional than 16 million clients to just take demand of their financial life with self-assurance and optimism.
Cooper will serve 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 yrs. Glass now serves as chairman of the board.
“I am excited to lead this outstanding business, which has a extended and prosperous observe report of offering powerful final results to shareholders whilst offering important value to the prospects who depend on us every single day,” mentioned Cooper. “Harnessing the energy of our outstanding product or service production and distribution abilities, merged with our solid culture centered on longstanding relationships and extremely proficient persons, we will continue on to produce trustworthy answers for tens of millions of People in america seeking money protection and protection for by themselves and the people today they care about most.”
In the course of Cooper’s tenure at Lincoln, she has been instrumental in producing and executing on the company’s basic and different account expense system, overseeing more than $300 billion in property and handling the company’s sector-primary hedge method. Just after becoming a member of as Main Financial investment Officer in 2012, her management function was expanded to involve responsibility for Lincoln’s organization hazard administration perform and for the company’s market place-leading Annuity Methods business.
“Ellen and I have served side by side for the last 10 a long time, and she is one of the most strategic and able executives I’ve had the privilege of knowing,” mentioned Glass. “She has an extraordinary depth of expertise and enthusiasm for Lincoln, its mission and its persons, alongside with a emphasis on the upcoming and offering ongoing value to our shareholders. I’m fired up to see all that Lincoln will complete less than Ellen’s leadership, and I glimpse ahead to working with her in my new capacity as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new function as Lincoln’s CEO,” explained William Cunningham, previous chairman and current guide independent director of the Lincoln board. “Ellen has performed a sizeable purpose over the previous 10 years setting up and executing on Lincoln’s productive technique, and I am assured she will continue to steward the company’s specific tradition whilst encouraging the form of innovation that will let Lincoln to develop and prosper for decades to come.”
About Lincoln Money Group
Lincoln Financial Team gives information and methods that assistance individuals consider charge of their money life with assurance and optimism. Nowadays, approximately 16 million prospects have confidence in our retirement, insurance policy and wealth defense skills to help tackle their life-style, discounts and cash flow ambitions, and guard towards long-term treatment bills. Headquartered in Radnor, Pennsylvania, Lincoln Money Group is the advertising and marketing identify for Lincoln National Corporation (NYSE:LNC) and its affiliate marketers. The firm had $308 billion in stop-of-interval account values as of March 31, 2022. Lincoln Fiscal Group is a dedicated corporate citizen included on big sustainability indices which include the Dow Jones Sustainability Index North The usa and FTSE4Excellent and ranks amongst Newsweek’s Most Responsible Businesses. Devoted to range, equity and inclusion, we are bundled on transparency benchmarking instruments such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Fully commited to furnishing our employees with flexible do the job preparations, we were named to FlexJobs’ record of the Best 100 Companies to Look at for Remote Work in 2022. With a extensive and wealthy legacy of performing ethically, telling the truth of the matter and talking up for what is right, Lincoln was regarded as just one of Ethisphere’s 2022 World’s Most Moral Companies®. Study additional at: www.LincolnFinancial.com. Observe us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.
LCN-4759841-052522
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Source: Lincoln Financial Group
Copyright Enterprise Wire 2022.
PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
http://www.businesswire.com/information/house/20220527005268/en
Copyright Enterprise Wire 2022.