Lincoln Financial Group Names James Reid Executive Vice President, Head of Workplace Solutions

Reid joins the corporate from Versant Health, bringing 30+ years of business expertiseLincoln additionally names inner chief Ralph Ferraro to go its Retirement enterprise, reporting to ReidRADNOR, Pa., July 14, 2022–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) introduced in the present day that James Reid might be becoming a member of the corporate in August as Executive Vice President, Head of Workplace Solutions, to steer the group’s Group Benefits and Retirement Plan Services companies. Reid will report back to President and CEO Ellen Cooper, and might be a member of the corporate’s Senior Management Committee.As the Head of Workplace Solutions, Reid might be liable for the technique and government management of these two core enterprise strains for Lincoln, which provide a spread of services and products to employers and their workers — together with monetary safety options resembling life, incapacity and supplemental well being merchandise, retirement financial savings options resembling employer-sponsored retirement plans, in-plan assured revenue and secure worth options, and holistic monetary wellness choices. Continuing to align these two employer-focused companies beneath one chief will allow Lincoln’s Workplace Solutions workforce to collaborate, leverage finest practices, and additional construct its sturdy portfolio of worker profit options.Reid involves Lincoln from Versant Health, a subsidiary of MetLife, the place he served as President and Chief Executive Officer. Prior to main Versant, he held a number of senior management roles at MetLife for the previous decade, most lately as Executive Vice President and Head of Global Employee Benefits. He has been within the business for 30+ years and has broad and deep management expertise in worksite-focused companies, throughout many features together with product technique and improvement, underwriting, distribution, customer support, claims and operations.”James is extremely seasoned with deep business data – he is a perfect chief to information these companies to foster progress and innovation for our employer purchasers and their workers, as we proceed to construct a superior and distinctive buyer expertise,” mentioned Cooper. “Continuing to align these two employer-focused companies will allow sturdy collaboration and can place us properly to additional construct our portfolio of group advantages and retirement options and our sturdy suite of monetary wellness choices.”Story continuesAdditionally, Ralph Ferraro might be moving into an expanded position at Lincoln Financial as Senior Vice President and Head of Retirement Plan Services, reporting to Reid. This new position allows one chief to focus holistically, end-to-end, on the corporate’s Retirement enterprise. Ferraro joined Lincoln Financial in 2016 as Head of Retirement Product Solutions, and in 2021, he took on a mixed management position within the Workplace Solutions group with extra management of the corporate’s Group Benefits Product and Underwriting features. Ferraro has greater than 25 years of business expertise, and previous to Lincoln Financial, he held management positions at Voya Financial and CitiStreet.”Ralph’s data and expertise within the retirement house is unmatched, and he’s a confirmed chief,” mentioned Cooper. “I’m assured that beneath Ralph’s management, our Retirement enterprise will proceed to construct upon our differentiating high-tech, high-touch mannequin and ship progressive options and excellent service experiences to our employer purchasers and their workers.”About Lincoln Financial GroupLincoln Financial Group offers recommendation and options that assist individuals take cost of their monetary lives with confidence and optimism. Today, roughly 16 million prospects belief our retirement, insurance coverage and wealth safety experience to assist handle their way of life, financial savings and revenue targets, and guard in opposition to long-term care bills. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the advertising identify for Lincoln National Corporation (NYSE:LNC) and its associates. The firm had $308 billion in end-of-period account values as of March 31, 2022. Lincoln Financial Group is a dedicated company citizen included on main sustainability indices together with the Dow Jones Sustainability Index North America and FTSE4Good and ranks amongst Newsweek’s Most Responsible Companies. Dedicated to range, fairness and inclusion, we’re included on transparency benchmarking instruments such because the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to offering our workers with versatile work preparations, we have been named to FlexJobs’ checklist of the Top 100 Companies to Watch for Remote Jobs in 2022. With a protracted and wealthy legacy of performing ethically, telling the reality and talking up for what is true, Lincoln was acknowledged as one of Ethisphere’s 2022 World’s Most Ethical Companies®. Learn extra at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for electronic mail alerts at http://newsroom.lfg.com.View supply model on businesswire.com: https://www.businesswire.com/news/home/20220714005766/en/ContactsMedia Contact: Kelly [email protected] 484-684-2394

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