Lincoln National Corporation reports developments across insurance and retirement businesses marketed as Lincoln Financial, including annuities, life insurance, group protection, and retirement plan services. Recurring updates cover earnings performance by business line, sales trends in retirement and protection products, capital actions, and dividends on common stock and Series D preferred depositary shares.
Company news also includes product launches such as fixed indexed annuity income solutions, technology integrations that connect broker platforms with Lincoln systems for policy, RFP, and quoting workflows, and leadership or governance developments affecting operating units. Coverage reflects the company’s role as a diversified provider of retirement income, workplace benefits, and life insurance products.
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Lincoln Financial Group (NYSE: LNC) has appointed Sean N. Woodroffe as the new Chief People, Culture and Communications Officer, effective May 1, 2023. Woodroffe will manage all human resources functions, focusing on talent management, employee experience, and corporate communications. He brings over 35 years of HR experience, particularly in financial services, including previous roles at TIAA and National Life Group. CEO Ellen Cooper emphasized that Woodroffe's expertise will be vital in enhancing company culture and promoting diversity, equity, and inclusion. He succeeds Jen Warne, who is leaving the position on April 14, 2023. Lincoln Financial Group aims to leverage this leadership change to strengthen its commitment to both employees and customers.