Dennis R. Glass served as the CEO of Lincoln National Corporation from 2006 to 2022, steering the company through various challenges in the financial sector. He has a strong finance background, holding a bachelor's degree from the University of Michigan....

Current Market Cap

$5.80B

Number of Employees

11.02K

Total Compensation

2018 - 2022

Trending up by 788.25% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 0.00% last year

Salary

Down by -49.04% last year

Bonus

Up by 0.00% last year

Other

Down by -100.00% last year

Year

2022

Total Compensation

$18.14M

Salary

$693.00K

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder interests, with a focus on long-term value creation through equity incentives.

Bonus

$0.00

Board Justification

The annual incentive compensation for 2022 was below target due to company performance metrics not being met.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and vested stock.

Restricted Stock

$17.44M(268.84K RSU)

Board Justification

All outstanding RSU awards vested in full upon retirement in May 2022, with the value realized based on the stock price at that time.

Performance Metrics

The performance metrics for 2022 included income from operations per share and business unit sales, which were not met.

SEC Filing

From April 13, 2023

Dennis R. Glass

Ex-CEO of Lincoln National

DR

Education

Bachelor's degree from the University of Michigan.

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1956 - 68 years ago

Is Founder?

No

Tenure

16 years 0 months (May 2006 - May 2022)

Previous Experience

President and CEO of Lincoln National Corporation since 2006.

View Holdings

Insider Holdings of Dennis R. Glass

LNC

$19.31M

$4.08M (26.83%)

Last Insider Trade

LNC

$2.91M

LNC at $58.13/share

May 27, 2022

Sale