Ellen Cooper Assumes Role of Lincoln Financial Group President and Chief Executive Officer | National Business
RADNOR, Pa.–(Company WIRE)–Might 27, 2022–
Lincoln Money Team (NYSE: LNC) now declared that Ellen G. Cooper has assumed the function of president and main govt officer (CEO) and has grow to be a member of Lincoln Countrywide Corporation’s board of directors. Cooper was named CEO-elect in August 2021 immediately after 10 years as a Lincoln govt, serving most not too long ago as executive vice president, chief investment decision officer, head of Company Threat and the Annuity Solutions group, and a member of the Lincoln Fiscal Basis board.
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Ellen Cooper, President and CEO, Lincoln Monetary Team (Photograph: Business Wire)
As president and CEO, Cooper will lead the enterprise in creating on extra than a century of aiding men and women achieve economic safety – for nowadays and tomorrow. Through its core organizations – everyday living insurance coverage, annuities, team safety and retirement prepare solutions – and its major distribution channels, Lincoln empowers far more than 16 million customers to just take charge of their financial life with self confidence and optimism.
Cooper will provide as the very first girl and the tenth president and CEO for Lincoln. She succeeds Dennis R. Glass, who served as president and CEO for 15 decades. Glass now serves as chairman of the board.
“I am thrilled to lead this unbelievable business, which has a lengthy and effective keep track of record of furnishing powerful final results to shareholders although providing sizeable value to the consumers who depend on us each day,” said Cooper. “Harnessing the electrical power of our excellent item producing and distribution capabilities, put together with our potent society centered on longstanding associations and remarkably talented people, we will carry on to provide trustworthy methods for millions of Individuals trying to get economical protection and safety for by themselves and the persons they care about most.”
All through Cooper’s tenure at Lincoln, she has been instrumental in developing and executing on the company’s normal and individual account financial investment method, overseeing additional than $300 billion in belongings and managing the company’s marketplace-major hedge program. Following joining as Main Expense Officer in 2012, her leadership part was expanded to contain duty for Lincoln’s enterprise danger administration purpose and for the company’s market place-primary Annuity Solutions company.
“Ellen and I have served side by aspect for the previous 10 several years, and she is a person of the most strategic and capable executives I’ve had the privilege of realizing,” reported Glass. “She has an fantastic depth of experience and passion for Lincoln, its mission and its persons, along with a focus on the foreseeable future and offering ongoing value to our shareholders. I’m fired up to see all that Lincoln will execute beneath Ellen’s leadership, and I glance ahead to functioning 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,” said William Cunningham, previous chairman and present direct impartial director of the Lincoln board. “Ellen has played a significant purpose about the previous 10 many years setting up and executing on Lincoln’s thriving approach, and I am assured she will go on to steward the company’s particular culture even though encouraging the type of innovation that will allow for Lincoln to grow and prosper for decades to appear.”
About Lincoln Financial Team
Lincoln Economic Team supplies tips and methods that aid folks choose cost of their economical life with confidence and optimism. Today, about 16 million shoppers trust our retirement, coverage and prosperity defense experience to aid deal with their life-style, savings and revenue goals, and guard versus prolonged-time period treatment bills. Headquartered in Radnor, Pennsylvania, Lincoln Monetary Group is the internet marketing identify for Lincoln National Corporation (NYSE:LNC) and its affiliates. The organization had $308 billion in close-of-interval account values as of March 31, 2022. Lincoln Financial Team is a fully commited corporate citizen integrated on significant sustainability indices such as the Dow Jones Sustainability Index North The us and FTSE4Good and ranks among Newsweek’s Most Dependable Firms. Focused to diversity, fairness and inclusion, we are included on transparency benchmarking applications such as the Company Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Fully commited to furnishing our personnel with flexible perform arrangements, we were named to FlexJobs’ checklist of the Top rated 100 Businesses to Look at for Distant Careers in 2022. With a long and loaded legacy of performing ethically, telling the truth and speaking up for what is correct, Lincoln was identified as a single of Ethisphere’s 2022 World’s Most Moral Organizations®. Study a lot more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Indicator up for electronic mail alerts at http://newsroom.lfg.com.
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PUB: 05/27/2022 11:15 AM/DISC: 05/27/2022 11:17 AM
http://www.businesswire.com/news/household/20220527005268/en
Copyright Small business Wire 2022.