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MarketScreener Homepage  >  Equities  >  Nyse  >  Lincoln National Corporation    LNC

LINCOLN NATIONAL CORPORATION

(LNC)
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Lincoln National Corporation : Jan 4, 2013: Lincoln Financial Group Names James DelBello Senior Vice President And Head Of Business Law And Compliance

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01/04/2013 | 04:17pm EDT

Lincoln Financial Group Names James DelBello Senior Vice President And Head Of Business Law And Compliance

Radnor, PA, January 4, 2013 - Lincoln Financial Group (NYSE:LNC) announced today that James DelBello joined the company as senior vice president and head of Business Law and Compliance, effective December 31, 2012. In his role, DelBello, 43, is responsible for managing all of the business unit aligned legal and compliance resources across the company. He will also provide legal counsel on complex business issues, compliance matters and other initiatives. DelBello reports directly to Adam Ciongoli, Lincoln Financial's executive vice president and general counsel, and he will also serve on the company's Corporate Leadership Group.

"Jim is a highly accomplished lawyer and a talented business-oriented manager. We are thrilled that he decided to join Lincoln," said Ciongoli. "His background is impressive and his wealth of experience speaks for itself. We look forward to his many contributions, most notably the leadership and oversight he will bring to our business law and compliance activities."

DelBello joins Lincoln Financial from Morgan, Lewis and Bockius, LLP, where he served as a partner in the Philadelphia-based law firm since 2004. He also previously served as law clerk to Steven J. McEwen, Jr., a former President Judge of the Superior Court of Pennsylvania.

DelBello received a B.A. in History from the University of Pennsylvania and a J.D. from the Villanova University School of Law. He is admitted to practice in Pennsylvania and New Jersey, including before the United States District Court for the Eastern District of Pennsylvania, the United States District Court for the District of New Jersey and the United States Court of Appeals for the Third Circuit.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $174 billion as of September 30, 2012. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; employer-sponsored retirement plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.lincolnfinancial.com.



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Financials (USD)
Sales 2019 17 849 M
EBIT 2019 2 401 M
Net income 2019 1 652 M
Debt 2019 5 983 M
Yield 2019 2,83%
P/E ratio 2019 7,04x
P/E ratio 2020 5,31x
EV / Sales2019 0,93x
EV / Sales2020 0,90x
Capitalization 10 644 M
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 72,94  $
Last Close Price 53,17  $
Spread / Highest target 73,0%
Spread / Average Target 37,2%
Spread / Lowest Target 1,56%
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Managers
NameTitle
Dennis R. Glass President, Chief Executive Officer & Director
William H. Cunningham Non-Executive Chairman
Randal J. Freitag Chief Financial Officer & Executive Vice President
Kenneth S. Solon Chief Information Officer & Executive VP
Eric G. Johnson Independent Director
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