Lincoln National Corp. hired Daniel Hayes as head of funds management and retirement solutions.

Mr. Hayes will spearhead the process of selecting funds to be included in many of Lincoln's variable annuity, defined contribution and life insurance products, the Philadelphia company announced Tuesday.

He will be based in Lincoln's office in Radnor, Pa. He was a senior vice president for Fidelity Investments, where he managed strategic relationships with insurance companies.Before that he was a vice president and senior marketing officer for Provident Mutual Life Insurance Co.

Lincoln offers annuities; life, group life, and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and financial planning and advisory services.

It had $200 billion of assets under management as of Sept. 30.

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