Lincoln Economic Team appointed Ellen G. Cooper president and CEO and a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 right after 10 years as an government with the company, serving most lately as govt vice president, chief financial commitment officer, head of enterprise hazard and the annuity answers team and a member of the Lincoln Economic Foundation board. Cooper will be the to start with girl to serve as president and CEO of the firm. She is succeeding Dennis R. Glass, who was the company’s ninth president and CEO, serving in these roles for 15 yrs. Glass now serves as chairman of the board.
“I am thrilled to direct this incredible company, which has a long and effective keep track of document of providing solid outcomes to shareholders whilst delivering important value to the consumers who count on us each working day,” Cooper stated. “Harnessing the ability of our outstanding products production and distribution capabilities, combined with our potent tradition centered on longstanding associations and remarkably gifted folks, we will continue on to supply reliable methods for hundreds of thousands of People in america searching for economical stability and security for them selves and the men and women they care about most.”
Through Cooper’s tenure at Lincoln, she has been instrumental in establishing and executing on the company’s basic and independent account financial investment tactic, overseeing a lot more than $300 billion in belongings and running the company’s hedge method. Soon after joining as main investment decision officer in 2012, her management position was expanded to incorporate obligation for Lincoln’s company possibility management operate and for the company’s annuity alternatives enterprise.
“Ellen and I have served aspect by aspect for the last 10 yrs, and she is a single of the most strategic and capable executives I’ve had the privilege of recognizing,” Glass claimed. “She has an outstanding depth of experience and enthusiasm for Lincoln, its mission and its individuals, along with a concentration on the future and delivering ongoing price to our shareholders. I’m enthusiastic to see all that Lincoln will carry out beneath Ellen’s leadership, and I look forward to operating with her in my new ability as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new function as Lincoln’s CEO,” William Cunningham, former chairman and existing guide independent director of Lincoln’s board, claimed. “Ellen has played a important role about the final 10 yrs setting up and executing on Lincoln’s profitable approach, and I am self-assured she will go on to steward the company’s unique society while encouraging the form of innovation that will let Lincoln to expand and thrive for decades to appear.”