Lincoln Financial Group Names Cooper President and CEO
Lincoln Money Group 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 immediately after 10 a long time as an executive with the firm, serving most not too long ago as government vice president, chief investment officer, head of business risk and the annuity options group and a member of the Lincoln Money Foundation board. Cooper will be the initially woman to provide as president and CEO of the corporation. She is succeeding Dennis R. Glass, who was the company’s ninth president and CEO, serving in people roles for 15 yrs. Glass now serves as chairman of the board.
“I am fired up to guide this remarkable corporation, which has a prolonged and productive observe document of providing potent success to shareholders even though providing considerable worth to the prospects who rely on us each working day,” Cooper said. “Harnessing the electrical power of our outstanding item production and distribution capabilities, combined with our powerful culture centered on longstanding associations and remarkably proficient persons, we will continue to deliver dependable options for thousands and thousands of Us citizens trying to find fiscal security and security for on their own and the folks they care about most.”
Through Cooper’s tenure at Lincoln, she has been instrumental in producing and executing on the company’s normal and separate account financial commitment strategy, overseeing far more than $300 billion in property and managing the company’s hedge plan. Soon after signing up for as chief expenditure officer in 2012, her management role was expanded to include things like accountability for Lincoln’s business danger management function and for the company’s annuity answers enterprise.
“Ellen and I have served aspect by side for the very last 10 decades, and she is a person of the most strategic and able executives I have experienced the privilege of knowing,” Glass explained. “She has an extraordinary depth of skills and passion for Lincoln, its mission and its people, alongside with a focus on the long term and delivering ongoing price to our shareholders. I’m enthusiastic to see all that Lincoln will accomplish beneath Ellen’s leadership, and I glimpse ahead to working with her in my new capability as chairman of the board.”
“I’m delighted to formally welcome Ellen to her new job as Lincoln’s CEO,” William Cunningham, former chairman and existing direct independent director of Lincoln’s board, stated. “Ellen has performed a considerable job more than the last 10 years constructing and executing on Lincoln’s thriving method, and I am confident she will go on to steward the company’s distinctive culture when encouraging the type of innovation that will enable Lincoln to develop and prosper for many years to occur.”