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Company Interview Excerpt
BARBARA KOWALCZYK - LINCOLN NATIONAL CORPORATION (LNC)


Full article published: 01/29/2001


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TWST: Would you begin by providing our readers with a little bit of background on Lincoln National Corporation?
Ms. Kowalczyk: First, Lincoln National Corporation is our legal name, but the marketing name that we use is Lincoln Financial Group. Lincoln was established in 1905 and has been operating successfully for almost 100 years. During the 1990s, we transformed ourselves from a traditional multi-line insurance company to a highly focused financial services organization. We sold off our health business and our property-casualty business, and focused on the life, annuity, investment management, financial planning and life reinsurance businesses. Our goal is to become the partner of choice for the affluent as they work to accumulate and protect their wealth. The growing affluent market in the United States is our primary focus and our super-affluent client base is steadily increasing. Jon Boscia became our new CEO two years ago. Lincoln's previous CEO had been in that position for more than 20 years, so the new directions Lincoln has taken under Jon Boscia have meant a great deal of change and excitement within the company.

TWST: Where would you like to take the company in the next year or so?
Ms. Kowalczyk: Our goal is to build top-line growth and profitability and good returns in all of our businesses, Lincoln Annuities, Lincoln Life, Lincoln Reinsurance, Lincoln Financial Advisors, Lincoln Financial Distributors and Delaware Investments.

 

Tickers included in this excerpt: LNC

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.