Lincoln Financial Group Names Christopher Giovanni Corporate Treasurer and Jeffrey Coutts Chief Valuation Actuary

Lincoln Financial Group (NYSE:LNC) announced that two leaders within its Corporate Finance organization are taking on new roles effective May 6, 2019. Senior vice president, Christopher Giovanni, has been named corporate treasurer. Senior vice president, Jeffrey Coutts, who currently serves as corporate treasurer, has been named chief valuation actuary, a newly established role.

In his expanded role, Giovanni will assume responsibility for Corporate Treasury oversight, including balance sheet management, debt and capital management, liquidity management and rating agency relationships. In addition to his new responsibility, Giovanni will continue to oversee Investor Relations and Strategic Planning, reporting directly to Randal Freitag, executive vice president, chief financial officer and head of Individual Life for Lincoln.

As Lincoln's first chief valuation actuary, Coutts will be responsible for the executive leadership of actuarial valuation and modeling within Lincoln. This includes the day-to-day management of the actuarial organization. He will continue to have responsibility for mergers and acquisitions and financial reinsurance and report directly to Freitag.

"Both Chris and Jeff are respected finance professionals who have made a significant impact at Lincoln," said Freitag. "I am thrilled that they are taking on expanded responsibilities, a demonstration of our strong focus on talent development. I look forward to the vision and leadership they will bring to their respective positions."

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help empower people to 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, as well as to 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 $238 billion in assets under management as of December 31, 2018. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Additionally, Lincoln is dedicated to upholding a diverse and inclusive organization and was recognized by Forbes as one of the Best Large Employers, Best Employers for Diversity, and Best Employers for Women and received a perfect score of 100 percent in 2018 on both the Corporate Equality Index and Disability Equality Index. 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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