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Lincoln Financial Group Mourns the Death of Board Member George W. Henderson III
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Rhea-AI Sentiment
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management
Rhea-AI Summary
Lincoln Financial Group (NYSE: LNC) mourns the passing of board member George W. Henderson III, who died on February 13. Henderson, who joined the board in 1995, was a notable figure in the company’s history, contributing significantly to its strength and success. CEO Dennis R. Glass and future CEO Ellen Cooper emphasized his legacy of advocacy for employees and shareholders. Henderson had a distinguished career at Burlington Industries and served on various boards. Lincoln's Chairman Dr. William H. Cunningham paid tribute to his leadership and friendship.
Positive
George W. Henderson III made significant contributions to Lincoln Financial Group since joining the board in 1995.
Henderson's legacy includes a strong advocacy for employees, customers, and shareholders.
Negative
The passing of a long-standing board member may raise concerns about continuity in leadership.
RADNOR, Pa.--(BUSINESS WIRE)--
Lincoln Financial Group (NYSE: LNC) Chairman of the Board Dr. William H. Cunningham today issued the following statement on the February 13 passing of Lincoln board of directors member George W. Henderson III:
“It was a privilege serving alongside George on Lincoln’s board, and we are all deeply saddened by his death. He was a respected business leader and a trusted advisor, but also a dear friend. His many contributions can be seen in Lincoln’s strength and success, leaving a tremendous legacy for which he will always be remembered.”
“We extend our deepest sympathies to George’s friends and family, including his wife Lindsay,” said Dennis R. Glass, president and chief executive officer of Lincoln Financial Group. “For decades, George advocated for Lincoln’s employees, customers and shareholders and did so with an open-minded approach and a sense of humor and humility. We will all miss him greatly.”
“George embodied the optimism of Lincoln,” said Ellen Cooper, executive vice president and CEO-Elect, Lincoln Financial Group. “He took great pride in his role on the board, always striving to do the right thing to ensure Lincoln remained an industry leader.”
Henderson was elected in 1995 to the board of directors for Jefferson Pilot, which later merged with Lincoln National Corporation. Previously, he had a distinguished career at Burlington Industries, Inc., where he held a variety of roles culminating in chairman of the board and chief executive officer before he retired from the company in 2003. Henderson also previously served as a member of the board of directors of Wachovia Corporation, Turnpike Properties, and Basset Furniture Industries. He also served on the Board of Visitors for the University of North Carolina (UNC) Kenan-Flagler Business School, in addition to several non-profit organizations.
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, more than 17 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 $324 billion in end-of-period account values as of December 31, 2021. 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. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.
