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

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

Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney
Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney

Nine-month electronic trading freeze and share lending program at the center of dismissed claim.

RIA wrap: Dynamic strikes South Carolina deal to reach $7B AUM milestone
RIA wrap: Dynamic strikes South Carolina deal to reach $7B AUM milestone

Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.

Rethinking diversification amid a concentrated S&P 500
Rethinking diversification amid a concentrated S&P 500

With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.

Merrill pays second settlement to former Miami Dolphins player, client of ex-broker
Merrill pays second settlement to former Miami Dolphins player, client of ex-broker

Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.

Schwab touts AI as its biggest growth lever at investor day
Schwab touts AI as its biggest growth lever at investor day

The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline