Cornelio will retire from his position in April as president after serving in a variety of roles in the organization.
He joined Chubb Life Insurance in 1988, which was purchased by Jefferson Pilot in 1997 and then merged with Lincoln Financial Group in 2005. Cornelio held senior leadership positions at each company, specializing in legal, government relations, distribution, technology, customer service, product development, and administrative services and operations, among other areas. He has served the industry for 30 years.
“On behalf of the board of directors and all Lincoln Financial employees, I would like to thank Chuck for his many years of dedicated service,” says Dennis R. Glass, president and CEO of Lincoln Financial Group. “Among his many accomplishments, Chuck is a nationally recognized advocate for the preservation and improvement of the private retirement savings system.”
Mark Konen, the previous leader of the retirement business, will take over the retirement plan services division and its management team.