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July 08, 2010 at 08:00 PM
Lincoln Financial Distributors has named Peter Sims national sales manager for the 401(k) plan business.
Lincoln Financial Distributors, the distribution arm of Lincoln National Corp., Radnor, Pa. (NYSE:LNC), intends for the defined contribution retirement programs to be a “target growth area,” and it plans to increase the size of 401(k) sales teams 50%, the company says. Lincoln sells a group variable annuity retirement program under the Lincoln Director brand and a program that uses mutual funds and collective trusts under the Lincoln SmartFuture brand.
Sims previously was a national sales manager for the wirehouse and bank channel at Lincoln’s annuity business. He also has served as national sales manager for the Delaware Investments unit.
In other personnel news:
- Allianz Life Insurance Company of North America, Golden Valley, Minn., a unit of Allianz S.E., Munich, Germany, has hired Jeannee Hoppe to be senior director of market management and product innovation and Debra Repya to be senior director of advanced markets.
Hoppe previously developed the strategic sourcing department at Ameriprise Financial Inc., Minneapolis (NYSE:AMP).
Hoppe has a bachelor’s degree from Hamline University in St. Paul, Minn., and a master’s degree in management from the University of Minnesota.
