Lincoln Financial Group enhances Retail Solutions leadership team to strengthen alignment, collaboration across Life and Annuity businesses

Lincoln Financial Group (NYSE: LNC) announced several enhancements to its Retail Solutions organization's leadership team, further strengthening alignment between Lincoln's Life and Annuity businesses. Stephen Turer has been promoted to Head of Insurance Solutions, overseeing Lincoln’s Life, MoneyGuard and Annuity product lines. Thomas Diemer has been appointed Chief Financial Officer (CFO) of Retail Solutions. Both Turer and Diemer will report to Matt Grove, Executive Vice President and Head of Retail Solutions.

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Stephen Turer, SVP, Head of Insurance Solutions, Lincoln Financial Group

Turer’s newly created role of Head of Insurance Solutions brings Lincoln Financial Group’s Life, Annuity and MoneyGuard product lines within the purview of a single leader. He now oversees the development and management of all retail insurance products, profitability, strategy and alignment with the broader Retail Solutions business.

“As we continue aligning our Life and Annuity businesses, Stephen’s product expertise and leadership experience make him the perfect person for this newly created role,” said Grove. “Stephen is a tenured leader with outstanding strategic intellect and an undeniable ability to build connections and create value. These skills are critical as we look to maximize knowledge and best practice sharing in our collaborative environment, and I am excited to see our business evolve under his leadership.”

As CFO, Diemer will oversee finance across Lincoln’s Retail Solutions business, which includes Lincoln’s Life and Annuity businesses, as well as Lincoln Financial Network, its wealth management business. He is responsible for current operating performance and risk, reporting financial progress, ensuring continuing control and protection of assets, and assessing financial implications of strategic initiatives across Retail Solutions.

“Tom’s extensive financial industry expertise adds incredible value to the Retail Solutions team,” said Grove. “His background as a strategic leader in the insurance industry makes him a great asset as we continue to focus on aligning our product teams, growing profitability and strengthening our capital position across our Life and Annuity businesses, as well as Lincoln Financial Network.”