Lincoln National Executive Transition and Severance Details

Lincoln National (LNC) has issued an update.

Matthew Grove, an executive previously overseeing wealth management at Lincoln National Corporation, will step down from his executive role on May 15, 2024, transitioning into an advisory position until the end of the year. Upon his exit, Grove will receive severance payments and benefits typically granted for involuntary, no-fault terminations as outlined in the company’s recent proxy statement.

Learn more about LNC stock on TipRanks’ Stock Analysis page.