1. Tom Anfuso appointed as Senior VP and CTO at Lincoln Financial. 2. Focus on IT infrastructure to drive innovation and growth opportunities. 3. Anfuso brings over 30 years of experience from JPMorgan Chase. 4. Investment in technology aims to enhance customer and employee impact. 5. Lincoln Financial serves 17 million customers with $321 billion in account balances.
The appointment of a seasoned CTO indicates a focus on innovation, which can positively influence operational efficiency and growth potential. Historical data shows that companies investing in technology leadership often outperform market expectations.
The leadership change is significant as it signals strategic focus towards innovation, which is critical for a financial company in a rapidly evolving market.
The effects of technological improvements and strategic shifts typically materialize over a longer duration, as systems are integrated and new initiatives roll out. Similar past instances in other companies have shown a gradual increase in market performance following a technology leadership change.
RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial (NYSE: LNC), a leading provider of insurance, annuities, group benefits and retirement solutions, today announced the appointment of Tom Anfuso as Senior Vice President and Chief Technology Officer.
Anfuso will provide strategic direction and vision for IT infrastructure at Lincoln, with a focus on anticipating and rapidly responding to current and evolving business needs, opportunities and trends. He will report directly to Jennifer Charters, Executive Vice President, Chief Information Officer, and will be a member of the company's Corporate Leadership Group.
Prior to joining Lincoln, Anfuso served as Managing Director and Chief Technology Officer at JPMorgan Chase, where he led the technology integration of acquired companies in Chase’s Connected Commerce line of business. He brings more than 30 years of deep technology and engineering experience to the role.
“At Lincoln Financial, we are investing in technology to drive innovation, unlock new growth opportunities and power the next chapter of our transformation,” said Charters. “With a strategic leader like Tom, we are well-positioned to accelerate this journey and deliver even greater impact for our customers and employees.”
About Lincoln Financial
Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December 31, 2024, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of December 31, 2024, the company has $321 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.
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