| Business Summary | | Lincoln
National
Corporation
is
a
holding
company,
that,
through
subsidiary
companies,
operates
multiple
insurance
and
investment
management
businesses.
The
collective
group
of
companies
uses
Lincoln
Financial
Group
as
a
marketing
identity.
Operations
are
divided
into
five
segments
that
include
Annuities,
Life
Insurance,
Reinsurance,
Investment
Management
and
Lincoln
UK.
The
primary
operating
subsidiaries
that
comprise
LNC
are
Lincoln
National
Life
Insurance
Company;
First
Penn-Pacific
Life
Insurance
Company;
Lincoln
Life
&
Annuity
Company
of
New
York;
LFA,
Sagemark
Consulting,
Inc.,
Lincoln
National
Reassurance
Company;
Lincoln
National
Health
&
Casualty
Insurance
Company;
Lincoln
National
Reinsurance
Company
Ltd.;
Old
Fort
Insurance
Company
Ltd.;
Lincoln
National
Reinsurance
Company;
Lincoln
National
(UK);
and
Delaware
Management
Holdings,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lincoln
National
is
an
insurance
and
investment
management
holding
Company.
LNC's
subsidiaries
operate
in
four
business
segments:
life
insurance
and
annuities,
Lincoln
UK,
reinsurance,
and
investment
management.
For
the
six
months
ended
6/01,
revenues
fell
2%
to
$3.3
billion.
Net
income
applicable
to
Com.
and
before
acct.
change
fell
5%
to
$317.5
million.
Results
reflect
lower
fee
income
from
the
UK
segment
and
a
reduction
in
retail
and
institutional
assets
under
management. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jon Boscia, 48 Chairman,
CEO | $5.9M | $185K | Richard Vaughan, 51 CFO,
Exec. VP | 3.1M | -- | John Gotta, 51 CEO
- Life Insurance, LNL | 2.0M | -- | Charles Haldeman, 52 Pres,
CEO & Director, LNIC & Pres & Chief Exec. Officer, Delaware | 6.0M | -- | Lawrence Rowland, 49 Pres
and CEO, LNRAC and other Lincoln Reaffiliates | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|