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    Ellen G. Cooper

    President, CEO, and Director at Lincoln National Corp
    Board
    Since May 2022
    Age
    60 years
    Tenure
    Started at LNC in August 2012 as Executive Vice President and Chief Investment Officer, promoted to President, CEO, and Director in May 2022, and later appointed as Chairman in May 2023.

    Also at Lincoln National Corp

    ADR
    Andrew D. Rallis
    EVP and Chief Risk Officer
    CN
    Christopher Neczypor
    EVP and Chief Financial Officer (CFO)
    JR
    James Reid
    EVP and President, Workplace Solutions

    About

    Ellen G. Cooper is a seasoned executive with over a decade at LNC, having joined the company in August 2012 as Executive Vice President and Chief Investment Officer. She has played pivotal roles in shaping risk management, investment strategies, and annuity solutions during her tenure, demonstrating her extensive expertise in the insurance industry.

    Over the years, she has been instrumental in driving strategic initiatives and managing diverse portfolios, which culminated in her promotion to President, CEO, and Director in May 2022. Her subsequent appointment as Chairman in May 2023 further highlights her leadership and commitment to the company’s growth.

    While detailed personal background and educational history are not provided in the available documents, her professional record reflects a deep commitment to excellence and a broad impact on both the company and the broader insurance industry. Her career trajectory demonstrates her ability to lead complex organizations and drive transformative change in a competitive financial landscape.

    $LNC Performance Under Ellen G. Cooper

    Past Roles

    OrganizationRoleDate RangeDetails
    Lincoln National Corporation (LNC) Head of Enterprise Risk 2019 - May 2022 Former role held prior to current leadership; role concluded with transition to President/CEO
    Lincoln National Corporation (LNC) Head of Annuity Solutions Group March 2021 - May 2022 Former concurrent role held before assuming current responsibilities
    Lincoln National Corporation (LNC) Executive Vice President and Chief Investment Officer August 2012 - November 2021 Former role held before promotion to President/CEO
    Lincoln National Corporation (LNC) Chair, Lincoln Variable Insurance Products Trust Board 2015 - 2021 Oversaw sponsored mutual funds offered in variable insurance products

    External Roles

    OrganizationRoleDate RangeDetails
    American Council of Life Insurers (ACLI) Co-chair, Steering Committee on Prudential Issues N/A Current active role
    American Council of Life Insurers (ACLI) Member, Executive Committee and Board of Directors N/A Current active role
    Alliance for Lifetime Income Board Member N/A Current active role

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,145,000 2023Fixed base salary for 2023
    401(k) Match and Core Contributions $32,000 2023Provided as company match and core contributions
    Additional Company Contributions into Deferred Compensation Plan $371,555 2023Includes Special Executive Credit & Excess Match/Core Contributions

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Program (AIP) for 2023

    ComponentThresholdTargetMaximumAdditional Details
    Payout Opportunity (Dollar Amount) $25,767 $2,863,000 $5,726,000 Payout contingent on meeting minimum performance thresholds; capped at the maximum payout
    Performance Metrics N/AN/AN/AMetrics include Income from Operations per Share, Controllable Costs, Business Unit Sales & Capital Usage, Actions to Improve Distributable Earnings, and Strategic Priorities; specific weightings and numerical targets not disclosed
    Evaluation Period & Certification N/AN/AN/APerformance for 2023 is evaluated over the year and certified by the Compensation Committee in Q1 2024

    Note: All amounts are in USD and pertain to the 2023 performance period.