Lincoln National Corp CFO to Depart; Interim CFO Named

What Happened
Lincoln National Corporation (LNC) filed an 8-K on August 10, 2026, reporting that Executive Vice President and Chief Financial Officer Christopher Neczypor notified the company on August 6, 2026, that he will leave to pursue another opportunity outside the industry. Mr. Neczypor will remain through the end of August to assist with the transition. The company immediately appointed Adam M. Cohen, Senior Vice President, Chief Accounting Officer and Treasurer, as interim CFO while it conducts a comprehensive search for a permanent successor.

Key Details

• Neczypor’s departure is stated as not being related to the company’s financial or operating results or any disagreement with management or the Board.
• Adam M. Cohen (age 41) joined LNC in March 2022 as Chief Accounting Officer and became Treasurer in February 2024; previously served as CFO of Archwell Holdings, LLC (since 2020).
• While interim CFO, Mr. Cohen’s proposed compensation (subject to Compensation Committee approval) includes: $550,000 annual base salary; AIP target of 300% of base salary (pro‑rated for 2026); LTIP target award of $1,600,000 (pro‑rated for 2026); and a $1,000,000 LTIP retention grant.
• AIP and LTIP awards are subject to pre-established performance measures and will be paid only if threshold performance is met and approved by the Committee.

Why It Matters
A CFO transition affects LNC’s finance leadership and could influence investor confidence in near-term financial reporting and strategic finance decisions. The company has named an experienced internal interim CFO to maintain continuity and has disclosed the proposed interim compensation structure and that a comprehensive search is underway for a permanent successor. Investors should note the departure timing (end of August) and that incentive awards are contingent on Committee approval and meeting performance thresholds.