Lincoln Money 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 several years as an executive with the corporation, serving most lately as government vice president, main financial investment officer, head of business hazard and the annuity options group and a member of the Lincoln Fiscal Foundation board. Cooper will be the initially female 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 those roles for 15 many years. Glass now serves as chairman of the board.
“I am fired up to guide this unbelievable enterprise, which has a extensive and productive keep track of document of furnishing sturdy benefits to shareholders when offering significant benefit to the customers who depend on us just about every working day,” Cooper reported. “Harnessing the energy of our exceptional solution production and distribution abilities, put together with our strong tradition centered on longstanding interactions and extremely gifted persons, we will go on to produce trusted options for hundreds of thousands of People in america seeking economic security and safety for themselves and the persons they treatment about most.”
For the duration of Cooper’s tenure at Lincoln, she has been instrumental in building and executing on the company’s basic and different account investment decision strategy, overseeing a lot more than $300 billion in assets and managing the company’s hedge plan. Just after signing up for as main investment officer in 2012, her management position was expanded to include obligation for Lincoln’s enterprise possibility administration functionality and for the company’s annuity solutions company.
“Ellen and I have served aspect by aspect for the last 10 yrs, and she is one of the most strategic and capable executives I have experienced the privilege of knowing,” Glass reported. “She has an remarkable depth of skills and enthusiasm for Lincoln, its mission and its people, alongside with a target on the long term and providing ongoing benefit to our shareholders. I’m fired up to see all that Lincoln will attain underneath Ellen’s leadership, and I look ahead to working with her in my new capability as chairman of the board.”
“I’m delighted to officially welcome Ellen to her new part as Lincoln’s CEO,” William Cunningham, previous chairman and latest direct impartial director of Lincoln’s board, claimed. “Ellen has played a significant role more than the very last 10 a long time setting up and executing on Lincoln’s successful strategy, and I am self-confident she will go on to steward the company’s special culture although encouraging the kind of innovation that will enable Lincoln to develop and prosper for decades to arrive.”