Lincoln National Corp. Announces Executive and Board Changes
Ticker: LNC-PD · Form: 8-K · Filed: Aug 26, 2024 · CIK: 59558
| Field | Detail |
|---|---|
| Company | Lincoln National Corp (LNC-PD) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, personnel
Related Tickers: LNC
TL;DR
Lincoln National Corp. shakes up exec team and board, effective Aug 22.
AI Summary
Lincoln National Corporation announced on August 22, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives. These changes are effective as of August 22, 2024.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Lincoln National Corporation (company) — Registrant
- August 22, 2024 (date) — Effective date of reported events
FAQ
What specific officer positions have seen departures?
The filing indicates the departure of certain officers, but does not specify the exact positions in the provided text.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided text.
Are there any changes to executive compensation arrangements?
Yes, the filing notes updates to compensatory arrangements of certain officers.
What is the effective date of these reported changes?
The earliest event reported is dated August 22, 2024, and is the effective date for these changes.
What is Lincoln National Corporation's principal executive office address?
The principal executive offices are located at 150 N. Radnor Chester Road, Radnor, PA 19087.
Filing Stats: 635 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-08-26 16:40:37
Filing Documents
- lnc-20240822.htm (8-K) — 31KB
- exhibit101severanceplanfor.htm (EX-10.1) — 97KB
- 0000059558-24-000051.txt ( ) — 303KB
- lnc-20240822.xsd (EX-101.SCH) — 2KB
- lnc-20240822_def.xml (EX-101.DEF) — 15KB
- lnc-20240822_lab.xml (EX-101.LAB) — 27KB
- lnc-20240822_pre.xml (EX-101.PRE) — 16KB
- lnc-20240822_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 The Severance Plan for Officers of Lincoln National Corporation (amended and restated effective as of August 22, 2024). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LINCOLN NATIONAL CORPORATION By /s/ Nancy A. Smith Name: Nancy A. Smith Title: Senior Vice President and Secretary Date: August 26, 2024