Lincoln Financial Group Promotes Executives to Strengthen Leadership

On June 1, 2026, Lincoln Financial Group announced the elevation of three senior executives to its Senior Management Committee. Darrel Tedrow has been promoted to Executive Vice President and President of Life Insurance and Retail Shared Services. Curtis Chesney assumes the role of Executive Vice President and President of Annuities, while Paul Spurr becomes Executive Vice President, Chief Risk Officer, and Chief Actuary, all reporting directly to Ellen Cooper, Chairman, President, and CEO of Lincoln Financial.

These executive shifts align with Lincoln Financial's strategic realignment within its Life Insurance and Annuity divisions. By appointing dedicated Presidents for each division, the company aims to address the evolving strategic needs, including product offerings, distribution models, and capital structures, unique to each business area. This approach enhances Lincoln's capacity to meet regulatory compliance requirements and strengthens its competitive position within the insurance market.

The promotions coincide with the retirements of Brian Kroll, EVP and President of Retail Life and Annuity Solutions, and Andy Rallis, EVP and Chief Risk Officer. Both will retire on June 1, 2026, having contributed significantly to Lincoln's objectives and succession planning. Ellen Cooper stated, “These promotions underscore the depth of talent cultivated at Lincoln and our structured approach to succession planning. Darrel, Curtis, and Paul bring extensive expertise and leadership skills, driving our strategy forward.”

Headquartered in Radnor, Pennsylvania, Lincoln Financial provides financial solutions across annuities, life insurance, group protection, and retirement plan services. As of March 2026, the company managed $340 billion in end-of-period account balances, reflecting its robust presence in the financial services industry.