RADNOR, Pa.–(Enterprise WIRE)–May possibly 27, 2022–
Lincoln Monetary Team (NYSE: LNC) these days announced that Ellen G. Cooper has assumed the role of president and chief govt officer (CEO) and has become a member of Lincoln Nationwide Corporation’s board of directors. Cooper was named CEO-elect in August 2021 right after 10 several years as a Lincoln government, serving most not too long ago as government vice president, main financial investment officer, head of Organization Danger and the Annuity Alternatives group, and a member of the Lincoln Economic Foundation board.
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Ellen Cooper, President and CEO, Lincoln Money Group (Image: Business enterprise Wire)
As president and CEO, Cooper will lead the firm in building on extra than a century of encouraging individuals get monetary stability – for nowadays and tomorrow. As a result of its core enterprises – existence insurance policy, annuities, team security and retirement plan services – and its primary distribution channels, Lincoln empowers more than 16 million buyers to just take charge of their fiscal lives with self-confidence and optimism.
Cooper will serve as the to start with female 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 lead this amazing corporation, which has a extended and productive keep track of file of offering strong outcomes to shareholders when providing important worth to the shoppers who depend on us every day,” reported Cooper. “Harnessing the electrical power of our remarkable merchandise production and distribution capabilities, mixed with our robust society centered on longstanding relationships and highly talented folks, we will go on to provide trustworthy solutions for hundreds of thousands of Individuals trying to get monetary protection and defense for by themselves and the people today they treatment about most.”
During Cooper’s tenure at Lincoln, she has been instrumental in building and executing on the company’s general and independent account expense tactic, overseeing much more than $300 billion in assets and managing the company’s market-major hedge program. Right after becoming a member of as Chief Financial investment Officer in 2012, her management job was expanded to include accountability for Lincoln’s company danger administration perform and for the company’s market place-primary Annuity Answers small business.
“Ellen and I have served aspect by aspect for the past 10 yrs, and she is 1 of the most strategic and able executives I have had the privilege of being aware of,” mentioned Glass. “She has an outstanding depth of expertise and enthusiasm for Lincoln, its mission and its men and women, alongside with a focus on the long run and providing ongoing price to our shareholders. I’m excited to see all that Lincoln will execute less than Ellen’s leadership, and I glimpse ahead to doing the job with her in my new ability as chairman of the board.”
“I’m delighted to formally welcome Ellen to her new job as Lincoln’s CEO,” reported William Cunningham, previous chairman and current guide unbiased director of the Lincoln board. “Ellen has played a significant function about the last 10 decades creating and executing on Lincoln’s thriving system, and I am confident she will go on to steward the company’s exclusive tradition even though encouraging the kind of innovation that will let Lincoln to mature and thrive for decades to appear.”
About Lincoln Economical Team
Lincoln Financial Group supplies guidance and solutions that assistance folks consider demand of their economic life with self-assurance and optimism. Now, roughly 16 million clients rely on our retirement, coverage and prosperity defense skills to assistance address their life-style, discounts and cash flow objectives, and guard against lengthy-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Money Group is the advertising name for Lincoln Nationwide Company (NYSE:LNC) and its affiliate marketers. The organization had $308 billion in end-of-period of time account values as of March 31, 2022. Lincoln Financial Group is a committed corporate citizen bundled on main sustainability indices which include the Dow Jones Sustainability Index North The us and FTSE4Great and ranks among Newsweek’s Most Accountable Businesses. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking resources these kinds of as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Dedicated to furnishing our personnel with adaptable function arrangements, we were being named to FlexJobs’ record of the Major 100 Corporations to View for Remote Work in 2022. With a extended and abundant legacy of acting ethically, telling the reality and speaking up for what is right, Lincoln was acknowledged as one particular of Ethisphere’s 2022 World’s Most Ethical Firms®. Find out far more at: www.LincolnFinancial.com. Adhere to us on Facebook, Twitter, LinkedIn, and Instagram. Signal up for e mail alerts at http://newsroom.lfg.com.
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Resource: Lincoln Money Group
Copyright Enterprise Wire 2022.
PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
Copyright Business enterprise Wire 2022.