Lincoln Economic Team appointed Ellen G. Cooper president and CEO and a member of Lincoln Nationwide Corporation’s board of directors. Cooper was named CEO-elect in August 2021 soon after 10 several years as an government with the company, serving most lately as government vice president, main investment decision officer, head of enterprise possibility and the annuity solutions team and a member of the Lincoln Monetary Foundation board. Cooper will be the to start with woman to provide as president and CEO of the enterprise. She is succeeding Dennis R. Glass, who was the company’s ninth president and CEO, serving in people roles for 15 decades. Glass now serves as chairman of the board.
“I am excited to direct this extraordinary organization, which has a prolonged and successful monitor report of supplying solid effects to shareholders while providing major value to the clients who count on us each working day,” Cooper stated. “Harnessing the electricity of our excellent item producing and distribution capabilities, put together with our solid lifestyle centered on longstanding interactions and remarkably proficient men and women, we will continue to produce trustworthy methods for millions of Us residents trying to get financial safety and security for themselves and the men and women they treatment about most.”
Throughout Cooper’s tenure at Lincoln, she has been instrumental in producing and executing on the company’s normal and individual account investment system, overseeing more than $300 billion in assets and controlling the company’s hedge system. After signing up for as chief financial commitment officer in 2012, her management position was expanded to include responsibility for Lincoln’s company hazard management perform and for the company’s annuity options small business.
“Ellen and I have served facet by side for the very last 10 several years, and she is a person of the most strategic and capable executives I have had the privilege of understanding,” Glass reported. “She has an outstanding depth of expertise and passion for Lincoln, its mission and its people, along with a emphasis on the long term and providing ongoing worth to our shareholders. I’m thrilled to see all that Lincoln will attain below Ellen’s management, and I search forward to doing the job with her in my new capability as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new position as Lincoln’s CEO,” William Cunningham, previous chairman and existing direct independent director of Lincoln’s board, reported. “Ellen has performed a important position about the last 10 several years setting up and executing on Lincoln’s prosperous technique, and I am self-assured she will continue to steward the company’s unique culture while encouraging the variety of innovation that will allow Lincoln to develop and prosper for many years to occur.”