$LNC (Lincoln National Corporation)

$LNC {{ '2016-05-04T23:16:16+0000' | timeago}} • Announcement

$LNC's total deposits at Retirement Plan Services for 1Q16 of $1.8Bil benefitted from a 6% increase in recurring deposits, which are seasonally strong in 1Q and a 3% increase in first-year sales. Positive net flows in both the small and mid-large markets resulted in $78MM of positive net flows.

$LNC {{ '2018-01-19T17:10:49+0000' | timeago}} • Announcement

$LNC agreed to buy Liberty Life Assurance Co. of Boston from Liberty Mutual Insurance. $LNC will pay Liberty Mutual about $3.3Bil, which consists of $1.446Bil total net investment for the Group Benefits business, including purchase price of $1.021Bil and $425MM in required capital. The acquisition is expected to be accretive to $LNC's EPS in 2019.

$LNC {{ '2018-01-19T17:08:43+0000' | timeago}} • Announcement

$LNC agreed to buy Liberty Life Assurance Company of Boston from Liberty Mutual Insurance Group. $LNC will retain Liberty's Group Benefits business and reinsure Liberty's Individual Life and Annuity business to Protective Life Insurance Co. The acquisition is expected to be completed in 2Q18.

$LNC {{ '2018-01-03T18:04:09+0000' | timeago}} • Announcement

Lincoln Financial Distributors, a unit of investment management firm $LNC, has appointed Joe Mrozek as National Sales Manager for intermediary retirement plan services. Most recently, Mrozek served Bank of America Merrill Lynch as Managing Director and National Sales Manager for retirement and personal wealth solutions.

$LNC {{ '2017-11-14T19:27:28+0000' | timeago}} • Infographic

$LNC Lincoln National Corp.Earnings AlphaGraphic: Q3 2017 Highlights

$LNC {{ '2017-11-13T21:17:18+0000' | timeago}} • Announcement

$LNC announced that Lynn M. Utter has been elected to serve on the company's Board of Directors.

$LNC {{ '2017-11-08T21:49:45+0000' | timeago}} • Announcement

$LNC subsidiary Lincoln Financial Network has appointed Matthew Echaniz as Divisional Vice President for Lincoln Financial Advisors, Southeast market. Echaniz, who succeeds Michael McFeeley who retired after a 20-year stint with the company, will be reporting to  SVP John DiMonda.

$LNC {{ '2017-08-10T19:44:23+0000' | timeago}} • Announcement

$LNC announced that James Christie has been named VP and Head of Competitive Market Solutions for Insurance Solutions Distribution for Lincoln Financial Distributors. Christie will report to Andrew Bucklee, SVP and Head of ISD.

$LNC {{ '2017-08-09T19:32:59+0000' | timeago}} • Announcement

$LNC announced that Molly Garrett has joined the company as SVP and head of operations for its Retirement Plan Services (RPS) business, effective Aug 9, 2017. Garrett reports directly to Jamie Ohl, president of RPS.

$LNC {{ '2017-07-10T16:26:12+0000' | timeago}} • Announcement

$LNC appointed Richard Spenner as SVP and head of litigation, effective July 10, 2017. This follows the recent hiring of Steve Harris as SVP and chief ethics and compliance officer in April 2017, as well as the January 2017 appointment of Andrea Goodrich as SVP and corporate secretary.

$LNC {{ '2017-06-30T11:03:39+0000' | timeago}} • Announcement

$LNC appointed Stevan Cohen as national sales manager for its Life Insurance Solutions Distribution BGA channel, effective immediately. Cohen brings over 30 years of industry experience to the position, including 23 years with $LNC, and will report directly to Andrew Bucklee, SVP and head of Insurance Solutions Distribution.

$LNC {{ '2017-06-20T20:08:18+0000' | timeago}} • Announcement

$LNC has named Matthew Condos as VP of Product Management for its Retirement Plan Services business. He will report directly to Ralph Ferraro, SVP, Head of Product.

$LNC {{ '2017-06-19T20:45:39+0000' | timeago}} • Announcement

$LNC said Randal Freitag has assumed oversight responsibility for the company’s Life Insurance business, effective June 19, 2017. In addition to his new responsibility, Freitag continues to serve as the company’s CFO, a position he has held since 2011.

$LNC {{ '2017-06-02T15:48:38+0000' | timeago}} • Announcement

Lincoln Financial Network (LFN), the retail wealth management affiliate of $LNC, announced the election of The Resource Group's 2017 BoD, as well as the appointment of Paul Gydosh as chairman of the Board. All appointments were effective as of the group's annual meeting on April 28, 2017.

$LNC {{ '2017-05-25T18:14:35+0000' | timeago}} • Announcement

$LNC has launched Lincoln Max 6 Select Advantage, a retirement income solution. This offers a combination of 6% income base growth that stacks on prior account value lock-ins, and access to investment options with up to an 80% allocation to equities. Max 6 Select features an initial income withdrawal rate of 6% at age 65 and 5.50% for joint life.

$LNC {{ '2017-05-12T17:40:52+0000' | timeago}} • Announcement

$LNC appointed Tim Seifert as head of Annuity Sales, effective immediately. He reports to John Kennedy, SVP and head of Retirement Solutions Distribution. Seifert joined Lincoln Financial in 2014 to lead Small Market sales for the Retirement Plan Services business.

$LNC {{ '2017-05-04T14:11:17+0000' | timeago}} • Announcement

$LNC reported 106% rise in its 1Q17 earnings, mainly due to $0.19 of favorable items related to one-time tax adjustments. Net income rose to $435MM, or $1.89 per share, compared to $211MM, or $0.83 per share during 1Q16. Revenues rose 7.9% YoY to $3.5Bil from $3.2Bil. Operating EPS was $1.92, up 52%.

$LNC {{ '2017-04-17T17:18:27+0000' | timeago}} • Announcement

$LNC appointed Steve Harris as SVP and chief ethics and compliance officer, effective April 17, 2017. Harris' appointment follows the January 2017 hiring of Andrea Goodrich as SVP and corporate secretary. Harris will lead $LNC's enterprise compliance team, ensuring a comprehensive and effective program that is aligned across its various businesses.

$LNC {{ '2017-03-14T11:26:00+0000' | timeago}} • Announcement

$LNC named Raj Chakraborty as Chief Digital Officer in a newly-created Senior Management Committee position effective March 13, 2017. Raj will directly report to Dennis Glass, President and CEO of $LNC. In his position, Raj will be responsible for developing and implementing an enterprise-wide digital business transformation strategy.

$LNC {{ '2017-02-01T22:42:44+0000' | timeago}} • Announcement

$LNC reported a drop in 4Q16 earnings due to higher expenses, despite a 2.6% rise in total revenue. Net income fell to $190MM or $0.82 per share from $283MM or $1.14 per share last year. Revenue grew to $3.25Bil from $3.17Bil. EPS from operations increased to $1.77 from $1.54.

$LNC {{ '2017-01-17T22:01:36+0000' | timeago}} • Announcement

$LNC said Andrea Goodrich has joined the company as senior vice president and corporate secretary, effective today. In this new role, she will report directly to Kirkland Hicks, executive vice president and general counsel for $LNC.

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