Lincoln Financial names Ellen Cooper CEO

Lincoln Financial names Ellen Cooper CEO
Cooper, the company's chief investment officer, succeeds Dennis Glass, who has been chief executive since 2007.
AUG 31, 2021
By  Bloomberg

Lincoln Financial Group, a provider of annuities and retirement products, named Ellen Cooper president and chief executive to succeed Dennis Glass after the 2022 annual meeting in May. 

Cooper, the firm’s chief investment officer, will also join the board next year, the company said Monday in a statement. 

Cooper, 56, joined Lincoln in 2012, and later was named to lead enterprise risk and the annuity-solutions group. She helps oversee more than $300 billion in assets and manages the company’s hedge program, according to the statement. Before joining the firm, Cooper was global head of insurance strategy at Goldman Sachs Group Inc.’s asset management unit. 

“I look forward to leading this organization as we continue our long history of providing Americans products to help them plan, protect and invest to secure their financial future,” Cooper said in the statement.

Glass, 71, has been CEO since 2007, and led Lincoln Financial through the company’s merger with Jefferson Pilot and the acquisition of Liberty Mutual Group Inc.’s benefits business.

Latest News

Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel
Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel

RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.

Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints
Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints

Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.

iCapital secures $820M in latest funding, hits $7.5B
iCapital secures $820M in latest funding, hits $7.5B

The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.

Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity
Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity

Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.

What does it take to feel 'financially comfortable' or 'wealthy' in 2025?
What does it take to feel 'financially comfortable' or 'wealthy' in 2025?

New report shines a light on how Americans view wealth today.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.