Lincoln Natl Corp Ind Stock Price, News & Analysis

According to a recent survey by Lincoln Financial Group (NYSE: LNC), 93% of small business owners have re-evaluated their strategies due to the impact of COVID-19. Employee benefits have emerged as a top priority, with over 80% of owners recognizing their significance in enhancing culture and morale. The survey also reveals that 28% of small businesses are upgrading benefits like life insurance and retirement plans to attract talent. However, 72% find multi-employer benefits attractive due to their cost-saving potential and ease of management.

Lincoln Financial Group has launched the Stacy Brown Memorial IT Scholarship, honoring the late employee and fraternity brother. This scholarship aims to support diverse students from North Carolina pursuing education in IT fields such as computer science and cybersecurity. The annual award of $25,000 will be given to a deserving Black or African American student from the region attending a four-year accredited institution. The first recipient will be announced in June 2022.

Lincoln Financial (NYSE: LNC) emphasizes the importance of financial wellness in a recent study indicating that 80% of employees prefer household chores over managing their finances. The company offers practical tips for financial cleaning in various areas of life, encouraging discussions with loved ones and financial professionals. Notable statistics reveal that 78% would rather clean kitchen appliances than assess life insurance needs, and 57% prefer dusting over retirement calculations. Lincoln highlights tools and resources for achieving financial security and wellness.

Lincoln Financial Group (NYSE:LNC) will report its first quarter earnings on Wednesday, May 4, 2022, after market close. A conference call is scheduled for Thursday, May 5, 2022, at 10:00 a.m. Eastern Time. Earnings materials, including the Earnings Release and Statistical Supplement, will be accessible on the company’s Investor Relations web page following the earnings announcement. Lincoln Financial Group, with over $324 billion in account values as of December 31, 2021, offers financial solutions for retirement, insurance, and wealth protection.

Lincoln Financial Group has appointed Darrel Tedrow as Senior Vice President, Mergers and Acquisitions and Jim Tierney as Senior Vice President, Strategy. Both will report to Chief Strategy Officer Chris Neczypor. The appointments aim to enhance long-term strategic planning and drive growth through potential mergers and acquisitions. Tedrow, with over 15 years at Lincoln, will focus on growth opportunities, while Tierney will develop innovative strategies that align with the company's objectives. Both executives join Lincoln’s Corporate Leadership Group.

Lincoln Financial Group (NYSE:LNC) has announced the immediate resignation of Jamie Ohl. Richard “Dick” Mucci, former president of the company’s Group Protection business, will temporarily lead both the Group Protection and Retirement Plan Services divisions. He will report to CEO-Elect Ellen Cooper and ensure operational continuity until a permanent leader is appointed. Cooper expressed confidence in the leadership teams' ability to maintain growth during this transition, emphasizing their commitment to delivering excellent service to clients.

Lincoln Financial Group (NYSE: LNC) has been recognized by Ethisphere as one of the 2022 World’s Most Ethical Companies. The company stands out as one of only six honorees in the Financial Services sector, highlighting its commitment to ethics, compliance, and governance practices across 22 countries and 45 industries. CEO Dennis R. Glass emphasized that the recognition reflects their corporate culture and ethical standards, which he credits to their dedicated workforce of over 11,000 employees. This accolade positions Lincoln Financial as a leader in ethical business practices.