Chuck Cornelio has made a mark at Jefferson Pilot Financial (Greensboro, N.C.; $4.1 billion in revenue) by driving the vision of a "digital life company" -- a paperless enterprise characterized by data and application reuse and straight-through processing. He may now get a chance to put that vision into practice as head of IT for Lincoln Financial Group, a new entity planned to launch with the completion of the $7.5 billion acquisition of Jefferson Pilot by Lincoln National Corp. (Philadelphia, $5.4 billion in revenue) in the first quarter of 2006.
Lincoln National CEO Jon Boscia has vaunted the merging companies' complementary business line characteristics, but neither organization will comment on whether technology advantages on the Jefferson Pilot side drove the elevation of Cornelio to the top technology spot. Linda Fraley, Lincoln's CIO, does not appear on the combined entity's published organizational chart. It's possible that Cornelio's "digital life" reputation has played a role, according to Donald Light, an analyst with Celent Communications. "It's a relatively rare IT organization that can say, 'Here's where we want to go, and why, here's what we've already done, and here's what we're going to do.' And I think Cornelio has been able to do just that at Jefferson Pilot," Light comments.
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Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio