Recent Updates — LNC-PD

Lincoln National Corporation announced on August 6, 2026, that Executive Vice President and Chief Financial Officer Christopher Neczypor intends to leave the company to pursue an opportunity outside the industry. His departure is unrelated to financial or operating results or any disagreements with management. Neczypor will remain through the end of August to facilitate a transition. The Board appointed Adam M. Cohen, currently Senior Vice President and Chief Accounting Officer, as interim CFO effective immediately while a search for a permanent successor is conducted. Cohen’s compensation package includes an annual base salary of $550,000, a target annual incentive award of 300% of base salary, a long-term incentive target of $1,600,000, and a retention grant of $1,000,000. Lincoln National Corporation operates in the financial services industry, providing annuities, life insurance, group protection, and retirement plan services.

Lincoln National Corporation reported second quarter 2026 financial results with net income available to common stockholders of $1.3 billion, or $6.72 per diluted share. Adjusted operating income was $439 million, or $2.24 per diluted share. The company completed a $500 million subordinated debt issuance to support capital flexibility for preferred stock repurchases or redemptions. Holding company available liquidity increased to $903 million net of prefunding amounts. Annuities reported operating income of $287 million with record-high account balances of $182 billion, while Life Insurance delivered $57 million in operating income and Group Protection generated $147 million. Lincoln National Corporation operates in the financial services industry, providing life insurance, annuities, group protection, and retirement plan services.