---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-045345"
form_type: "8-K"
ticker: "LNC"
cik: "0000059558"
company_name: "LINCOLN NATIONAL CORP"
filed_at: "2021-08-23T23:59:59+00:00"
generated_at: "2026-06-29T08:30:29.043674+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Lincoln Financial elects two new directors, expands board to 13

## Summary
- Dale LeFebvre (founder/chairman of 3.5.7.11 private equity) and Janet Liang (EVP at Kaiser Permanente) elected to board effective Nov 1, 2021.
- Board size increased from 11 to 13 via bylaw amendment approved August 19, 2021.
- New directors to receive pro-rated annual retainer of $275,000 ($165,000 in deferred stock units).
- Both directors determined independent under NYSE standards; terms end at 2022 annual meeting.

## SEC filing metadata
- accession: 0001564590-21-045345
- form_type: 8-K
- ticker: LNC
- cik: 0000059558
- company_name: LINCOLN NATIONAL CORP
- filed_at: 2021-08-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/0001564590-21-045345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/lnc-8k_20210819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-045345
- JSON: https://secwatch.observer/filing/0001564590-21-045345.json
- Plain text: https://secwatch.observer/filing/0001564590-21-045345.txt

## Key facts
- Executive change
  Dale LeFebvre was elected as Director at LINCOLN NATIONAL CORP.
  - Action: elected
  - Role: Director
  source text: elected Dale LeFebvre and Janet Liang to serve as new directors on the Board effective November 1, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/0001564590-21-045345-index.htm
- Executive change
  Janet Liang was elected as Director at LINCOLN NATIONAL CORP.
  - Action: elected
  - Role: Director
  source text: elected Dale LeFebvre and Janet Liang to serve as new directors on the Board effective November 1, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/0001564590-21-045345-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.