Lincoln National Corp. says it is responding to the recession by reducing more expenses.

Lincoln, Radnor, Pa., which does business as Lincoln Financial, also has announced changes in its top executive ranks.

Lincoln, Radnor, Pa., which does business as Lincoln Financial, also has announced changes in its top executive ranks.

Lincoln will be adding $250 million cost reductions by the end of the year, the company says.

In late 2008, Lincoln announced a company-wide restructuring that would achieve $150 million in savings by the end of 2009.

Lincoln has not specified how it will be making the additional expense cuts.

Lincoln previously has announced that it is cutting dividends to shareholders, reducing its cash requirements by $400 million annually.

The company also has appointed Mark Konen to be president of its retirement solutions unit. In addition, it has named Charles Cornelio to be executive vice president and chief administrative officer and Heather Dzielak to be chief marketing officer.

Konen had been interim head of retirement solutions and president of the company’s insurance solutions division, where he continues to work.

Cornelio will lead Lincoln’s new enterprise services group, which include the law, compliance, marketing, information technology and shared services operations.

Dzielak will lead research, marketing, advertising and strategic communications, Lincoln says.