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....
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. Throughout his tenure, he faced performance metrics that sometimes fell short, impacting his compensation heavily tied to these outcomes. One notable aspect of his leadership was his large stock awards; for instance, he realized $17.4 million in vested stock value during 2022 when he retired. Glass participated in significant insider trading, amassing holdings that fluctuated wildly, peaking over $64 million in 2021 before gradually decreasing. He started with Lincoln as President and COO after the merger with Jefferson-Pilot, showcasing his ability to adapt and lead through transition periods. His experience also reflects a broader trend in executive compensation, heavily influenced by company performance and stock market conditions, as seen through his changing fortune over the years.