Voya Financial Management
Management criteria checks 4/4
Voya Financial's CEO is Heather Lavallee, appointed in Jul 2022, has a tenure of 2.42 years. total yearly compensation is $8.72M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth $2.05M. The average tenure of the management team and the board of directors is 2.4 years and 3.2 years respectively.
Key information
Heather Lavallee
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 10.9% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Voya: Fundamental Strengths Remain Despite Recent Underperformance
Nov 26Voya Financial's (NYSE:VOYA) Dividend Will Be Increased To $0.45
Aug 05
Not Many Are Piling Into Voya Financial, Inc. (NYSE:VOYA) Just Yet
Jul 18Fewer Investors Than Expected Jumping On Voya Financial, Inc. (NYSE:VOYA)
Apr 01Voya Financial Will Outperform Competitors For These 3 Reasons
Nov 08Voya Financial Q2 Earnings: Solid Growth But Too Expensive Right Now
Aug 04Voya Financial Q4 2022 Earnings Preview
Feb 06Voya Financial declares $0.20 dividend
Jan 26Voya Financial names former Marathon Petroleum exec as new CFO
Nov 14Benefitfocus stock soars ~49% after hours on $570M merger with Voya Financial
Nov 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$651m |
| Jun 30 2024 | n/a | n/a | US$801m |
| Mar 31 2024 | n/a | n/a | US$754m |
| Dec 31 2023 | US$9m | US$950k | US$589m |
| Sep 30 2023 | n/a | n/a | US$661m |
| Jun 30 2023 | n/a | n/a | US$579m |
| Mar 31 2023 | n/a | n/a | US$489m |
| Dec 31 2022 | US$8m | US$662k | US$474m |
| Sep 30 2022 | n/a | n/a | US$682m |
| Jun 30 2022 | n/a | n/a | US$659m |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$4m | US$497k | US$2b |
Compensation vs Market: Heather's total compensation ($USD8.72M) is about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Heather's compensation has been consistent with company performance over the past year.
CEO
Heather Lavallee (54 yo)
2.4yrs
Tenure
US$8,722,372
Compensation
Ms. Heather Hamilton Lavallee serves as President & Director at Voya Financial, Inc. since July 07, 2022. She serves as Chief Executive Officer at Voya Financial, Inc. since January 01, 2023. She was Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$8.72m | 0.031% $ 2.1m | |
| Executive VP & CFO | 2.1yrs | US$5.19m | 0.0044% $ 291.7k | |
| Chief Executive Officer of Workplace Solutions | 3.8yrs | US$4.55m | 0.045% $ 2.9m | |
| Chief Accounting Officer & Corporate Controller | 2.3yrs | no data | no data | |
| Executive VP & Chief Information Officer | 7.3yrs | no data | 0.017% $ 1.1m | |
| Executive VP | 2.3yrs | no data | 0.0059% $ 388.7k | |
| Chief Compliance and Ethics Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.3yrs | no data | 0.0039% $ 259.4k | |
| Executive VP and Chief Strategy | 3.3yrs | no data | 0.012% $ 823.0k | |
| Senior Vice President and Lead Operations for Retirement Business | 8.3yrs | no data | no data | |
| Chief Executive Officer of Voya Investment Management | less than a year | no data | 0.012% $ 765.6k | |
| Senior VP & Leader of Enterprise Contact Centers | 8.3yrs | no data | no data |
2.4yrs
Average Tenure
51yo
Average Age
Experienced Management: VOYA's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$8.72m | 0.031% $ 2.1m | |
| Independent Non-Executive Chair | 9.4yrs | US$276.51k | 0.0074% $ 491.0k | |
| Independent Director | 4.2yrs | US$285.01k | 0.00051% $ 33.7k | |
| Independent Director | 9.7yrs | US$318.67k | 0.014% $ 904.1k | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | US$286.33k | 0.0028% $ 184.8k | |
| Independent Director | less than a year | US$3.67m | 0.00090% $ 59.4k | |
| Independent Director | 1.8yrs | US$311.33k | 0.00055% $ 36.3k | |
| Independent Director | 5.2yrs | US$322.21k | no data | |
| Independent Director | 10.6yrs | US$303.67k | 0.0078% $ 517.4k | |
| Independent Director | 2.8yrs | US$299.06k | 0.017% $ 1.1m | |
| Independent Director | 3.7yrs | US$286.67k | no data |
3.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: VOYA's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:11 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Voya Financial, Inc. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Alex Scott | Barclays |
| Joshua Shanker | BofA Global Research |