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Lincoln National Corporation Elects Jim Morris to Serve on the Board of Directors

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Lincoln Financial (NYSE: LNC) has announced the election of James (Jim) Morris to its Board of Directors, effective March 3, 2025. This appointment increases the board size from ten to eleven directors. Morris, who retired as Chairman, President and CEO of Pacific Life Insurance Company in April 2022, brings 40 years of industry experience to the role.

During his tenure at Pacific Life, Morris held various leadership positions including Chief Operating Officer, Executive Vice President, and Chief Insurance Officer. He currently serves on the Board of Directors for Edison International. Ellen Cooper, Chairman, President and CEO of Lincoln Financial, highlighted Morris's significant background in life insurance and his financial and risk management expertise as valuable assets for the company.

Lincoln Financial (NYSE: LNC) ha annunciato l'elezione di James (Jim) Morris nel suo Consiglio di Amministrazione, con effetto dal 3 marzo 2025. Questa nomina aumenta la dimensione del consiglio da dieci a undici membri. Morris, che si è ritirato come Presidente, Amministratore Delegato e CEO di Pacific Life Insurance Company nell'aprile 2022, porta con sé 40 anni di esperienza nel settore.

Durante il suo mandato in Pacific Life, Morris ha ricoperto varie posizioni di leadership tra cui Chief Operating Officer, Vice Presidente Esecutivo e Chief Insurance Officer. Attualmente, serve nel Consiglio di Amministrazione di Edison International. Ellen Cooper, Presidente e CEO di Lincoln Financial, ha sottolineato il significativo background di Morris nel settore delle assicurazioni sulla vita e la sua expertise nella gestione finanziaria e del rischio come risorse preziose per l'azienda.

Lincoln Financial (NYSE: LNC) ha anunciado la elección de James (Jim) Morris a su Junta Directiva, con efecto a partir del 3 de marzo de 2025. Esta designación aumenta el tamaño de la junta de diez a once directores. Morris, quien se jubiló como Presidente, Director General y CEO de Pacific Life Insurance Company en abril de 2022, aporta 40 años de experiencia en la industria al cargo.

Durante su mandato en Pacific Life, Morris ocupó varios puestos de liderazgo, incluyendo Director de Operaciones, Vicepresidente Ejecutivo y Director de Seguros. Actualmente, se desempeña en la Junta Directiva de Edison International. Ellen Cooper, Presidente y CEO de Lincoln Financial, destacó el significativo historial de Morris en el sector de seguros de vida y su experiencia en gestión financiera y de riesgos como activos valiosos para la empresa.

링컨 파이낸셜 (NYSE: LNC)제임스(짐) 모리스를 이사회의 이사로 선출했다고 발표했습니다. 이는 2025년 3월 3일부터 효력이 발생합니다. 이번 임명으로 이사회의 규모는 10명에서 11명으로 증가합니다. 모리스는 2022년 4월 태평양 생명 보험 회사의 회장, 사장 및 CEO로 은퇴했으며, 40년의 업계 경험을 이끌어냅니다.

태평양 생명에서 근무하는 동안 모리스는 COO, 수석 부사장 및 보험 최고 책임자 등 여러 리더십 직책을 역임했습니다. 현재 그는 에디슨 인터내셔널의 이사회를 구성하고 있습니다. 링컨 파이낸셜의 회장, 사장 및 CEO인 엘렌 쿠퍼는 생명 보험 분야에서 모리스의 중요한 배경과 그의 재무 및 위험 관리 전문성이 회사에 귀중한 자산이라고 강조했습니다.

Lincoln Financial (NYSE: LNC) a annoncé l'élection de James (Jim) Morris à son Conseil d'Administration, prenant effet le 3 mars 2025. Cette nomination augmente la taille du conseil de dix à onze membres. Morris, qui a pris sa retraite en tant que Président, Directeur Général et CEO de Pacific Life Insurance Company en avril 2022, apporte 40 ans d'expérience dans le secteur à ce poste.

Au cours de son mandat chez Pacific Life, Morris a occupé divers postes de direction, y compris Directeur des opérations, Vice-Président Exécutif et Directeur des Assurances. Il siège actuellement au Conseil d'Administration d'Edison International. Ellen Cooper, Présidente, Directrice Générale et CEO de Lincoln Financial, a souligné le parcours significatif de Morris dans le domaine de l'assurance-vie et son expertise en gestion financière et des risques comme des atouts précieux pour l'entreprise.

Lincoln Financial (NYSE: LNC) hat die Wahl von James (Jim) Morris in seinen Vorstand bekannt gegeben, die am 3. März 2025 wirksam wird. Diese Ernennung erhöht die Größe des Vorstands von zehn auf elf Direktoren. Morris, der im April 2022 als Vorsitzender, Präsident und CEO der Pacific Life Insurance Company in den Ruhestand trat, bringt 40 Jahre Branchenerfahrung in die Rolle ein.

Während seiner Zeit bei Pacific Life hatte Morris verschiedene Führungspositionen inne, darunter Chief Operating Officer, Executive Vice President und Chief Insurance Officer. Derzeit ist er im Vorstand von Edison International tätig. Ellen Cooper, Vorsitzende, Präsidentin und CEO von Lincoln Financial, hob Morris' bedeutenden Hintergrund in der Lebensversicherung sowie seine Expertise in Finanz- und Risikomanagement als wertvolle Vermögenswerte für das Unternehmen hervor.

Positive
  • Board strengthened with experienced insurance industry executive
  • Addition of 40-year industry veteran with CEO-level expertise
  • Enhanced financial and risk management oversight capabilities
Negative
  • None.

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial (NYSE: LNC) today announced the election of James (Jim) Morris as a director to serve on the company’s Board of Directors, effective March 3, 2025 and increasing the size of the Board from ten to eleven directors.

Jim Morris elected to Lincoln's Board of Directors. (Photo: Business Wire)

Jim Morris elected to Lincoln's Board of Directors. (Photo: Business Wire)

Mr. Morris retired as Chairman, President and CEO of Pacific Life Insurance Company in April 2022, having served in that role since 2007. During his 40-year career at Pacific Life, Mr. Morris held a series of management positions with increasing responsibility, including Chief Operating Officer, Executive Vice President and Chief Insurance Officer. Morris currently serves on the Board of Directors for Edison International.

“I am pleased to welcome Jim to Lincoln’s Board and look forward to working with him,” said Ellen Cooper, Chairman, President and CEO of Lincoln Financial. “Jim’s significant background as a leader in the life insurance industry along with his financial and risk management expertise will serve Lincoln, our Board and our shareholders well.”

“Jim brings significant leadership experience in business, both as an industry executive and a director, which will be a valuable addition to our Board,” said William Cunningham, the Lincoln Board’s lead independent director. “I am confident that his leadership and industry experience, will contribute to the growth of long-term value for our shareholders.”

“It is an honor to be joining the Board of one of the most iconic companies in the industry. The expertise and strategic vision of Lincoln’s Board and management team are exceptional, and I look forward to contributing to the company’s ongoing success,” said Morris.

About Lincoln Financial

Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December 31, 2024, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of December 31, 2024, the company has $321 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

Lincoln Financial is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.

© 2025 Lincoln National Corporation
LincolnFinancial.com

Media contact: Media@lfg.com

Source: Lincoln Financial

FAQ

When will Jim Morris join Lincoln Financial's (LNC) Board of Directors?

Jim Morris will join Lincoln Financial's Board of Directors effective March 3, 2025.

How many directors will be on Lincoln Financial's (LNC) board after Jim Morris joins?

The board size will increase from ten to eleven directors.

What was Jim Morris's previous role before joining Lincoln Financial's (LNC) board?

Morris was Chairman, President and CEO of Pacific Life Insurance Company until his retirement in April 2022.

What relevant experience does Jim Morris bring to Lincoln Financial's (LNC) board?

Morris brings 40 years of insurance industry experience, including roles as COO, Executive VP, and Chief Insurance Officer at Pacific Life.
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