Lincoln Financial Group Promotes Stephen Turer to Head of Annuity Business
19 Maggio 2022 - 4:30PM
Business Wire
Brian Kroll to retire after 18 years at
Lincoln Financial and 40 years in the industry
Lincoln Financial Group (NYSE: LNC) announced today that Stephen
Turer has been named senior vice president and head of the Annuity
business, effective July 1, 2022. Turer succeeds Brian Kroll, who
will be retiring after a successful career spanning 40 years in the
industry, the last 18 of those with Lincoln Financial. Turer will
report to Matthew Grove, who, as previously announced, will join
Lincoln Financial in July as head of Individual Life &
Annuities and Lincoln Financial Network.
“Brian has had an incredible career and played a critical role
in helping Lincoln’s annuity business grow and evolve to meet the
ever-changing needs of our partners and customers. On behalf of the
entire leadership team at Lincoln, we are grateful for all he has
done here and wish him the very best in his retirement,” said Ellen
Cooper, CEO-Elect, Lincoln Financial. “Stephen is a strong leader
and his deep knowledge and expertise will position us well as we
continually enhance our industry-leading annuities product
portfolio.”
Turer joined Lincoln Financial in 2005 as assistant vice
president, Annuity Pricing, and took on increasing responsibility
within the Annuity business. Most recently, he served as senior
vice president, Annuity Product, Pricing and Valuation, leading
pricing and business unit valuation for Lincoln Financial’s annuity
products and the in-plan guaranteed solutions offered by the
Retirement business. Throughout his career at Lincoln, Stephen has
served as lead architect in several large annuity reinsurance
transactions for both variable and fixed indexed annuities,
including Union Hamilton Reinsurance and Athene Holding Ltd. Turer
is the co-executive sponsor of Lincoln’s LGBTQ+ Business Resource
Group (BRG). Prior to joining Lincoln, he was an actuary with
Travelers Life & Annuity. Turer earned a bachelor’s in
Actuarial Science from Penn State University.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help
people take charge of their financial lives with confidence and
optimism. Today, approximately 16 million customers trust our
retirement, insurance and wealth protection expertise to help
address their lifestyle, savings and income goals, and guard
against long-term care expenses. Headquartered in Radnor,
Pennsylvania, Lincoln Financial Group is the marketing name for
Lincoln National Corporation (NYSE:LNC) and its affiliates. The
company had $308 billion in end-of-period account values as of
March 31, 2022. Lincoln Financial Group is a committed corporate
citizen included on major sustainability indices including the Dow
Jones Sustainability Index North America and FTSE4Good and ranks
among Newsweek’s Most Responsible Companies. Dedicated to
diversity, equity and inclusion, we are included on transparency
benchmarking tools such as the Corporate Equality Index, the
Disability Equality Index and the Bloomberg Gender-Equality Index.
Committed to providing our employees with flexible work
arrangements, we were named to FlexJobs’ list of the Top 100
Companies to Watch for Remote Jobs in 2022. With a long and rich
legacy of acting ethically, telling the truth and speaking up for
what is right, Lincoln was recognized as one of Ethisphere’s 2022
World’s Most Ethical Companies®. Learn more at:
www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn,
and Instagram. Sign up for email alerts at
http://newsroom.lfg.com.
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LCN-4748564-051822
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version on businesswire.com: https://www.businesswire.com/news/home/20220519005269/en/
Media: Julianne Costa Julianne.Costa@lfg.com
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