Lincoln Financial announced that Jim Lyday has joined the company as head of Institutional Retirement Solutions Distribution.
Lyday will report directly to Will Fuller, president and CEO of Licoln Financial Distributors, and will be responsible for leading the growth strategies for the distribution of Lincoln's defined contribution business in the full service mid-to-large employer retirement plan market.
"We are committed to building on our reputation and leadership in providing retirement solutions for Americans, and see a significant growth opportunity for Lincoln in the full service retirement plan market by putting participants on the optimal path to retirement security," Fuller said.
Lyday most recently served in various senior management roles for Prudential Financial and The Principal Financial Group, where he was responsible for developing and implementing growth strategies for their defined contribution businesses.
"There is a tremendous opportunity to help participants achieve better outcomes both in the accumulation phase and into retirement. Lincoln is strategically positioned to capitalize on this opportunity with its industry leading distribution platform and portfolio of services and solutions," said Lyday. "I'm confident that leveraging those strengths will expand Lincoln's already strong distribution partnerships and deliver market leading solutions to the mid and large retirement plan market."
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