Voya Financial Management
Management criteria checks 4/4
Voya Financial's CEO is Heather Lavallee, appointed in Jul 2022, has a tenure of 2.25 years. total yearly compensation is $8.72M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth $2.34M. The average tenure of the management team and the board of directors is 2.3 years and 3 years respectively.
Key information
Heather Lavallee
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 10.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
Voya 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 01A Piece Of The Puzzle Missing From Voya Financial, Inc.'s (NYSE:VOYA) Share Price
Dec 18Voya Financial Will Outperform Competitors For These 3 Reasons
Nov 08Voya Financial Q2 Earnings: Solid Growth But Too Expensive Right Now
Aug 04Voya Financial's (NYSE:VOYA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 31Voya Financial (NYSE:VOYA) Will Pay A Dividend Of $0.20
May 15Voya Financial (NYSE:VOYA) Is Paying Out A Dividend Of $0.20
May 01Voya Financial's (NYSE:VOYA) Dividend Will Be $0.20
Feb 19Voya Financial, Inc. Just Recorded A 9.4% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 09Voya Financial Q4 2022 Earnings Preview
Feb 06Voya Financial (NYSE:VOYA) Is Paying Out A Dividend Of $0.20
Jan 30Voya Financial declares $0.20 dividend
Jan 26Voya Financial (NYSE:VOYA) Is Due To Pay A Dividend Of $0.20
Nov 18Voya Financial names former Marathon Petroleum exec as new CFO
Nov 14Benefitfocus stock soars ~49% after hours on $570M merger with Voya Financial
Nov 01Voya Financial (NYSE:VOYA) Will Pay A Dividend Of $0.20
Oct 31Voya Financial upped to Overweight at Piper Sandler, calling it 'inflation net beneficiary'
Sep 30Voya Financial names My Chi To as chief legal officer, executive vice president
Sep 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.06M).
Compensation vs Earnings: Heather's compensation has been consistent with company performance over the past year.
CEO
Heather Lavallee (54 yo)
2.3yrs
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 | 2.3yrs | US$8.72m | 0.030% $ 2.3m | |
| Executive VP & CFO | 1.9yrs | US$5.19m | 0.0043% $ 333.5k | |
| Chief Executive Officer of Workplace Solutions | 3.6yrs | US$4.55m | 0.044% $ 3.4m | |
| Chief Accounting Officer & Corporate Controller | 2.1yrs | no data | no data | |
| Executive VP & Chief Information Officer | 7.1yrs | no data | 0.016% $ 1.3m | |
| Executive VP | 2.1yrs | no data | 0.0040% $ 310.4k | |
| Chief Compliance and Ethics Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.2yrs | no data | 0.0039% $ 296.6k | |
| Executive VP and Chief Strategy | 3.1yrs | no data | 0.012% $ 939.7k | |
| Senior Vice President and Lead Operations for Retirement Business | 8.2yrs | no data | no data | |
| Chief Executive Officer of Voya Investment Management | less than a year | no data | 0.011% $ 874.2k | |
| Senior VP & Leader of Enterprise Contact Centers | 8.1yrs | no data | no data |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: VOYA's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$8.72m | 0.030% $ 2.3m | |
| Independent Non-Executive Chair | 9.3yrs | US$276.51k | 0.0073% $ 560.8k | |
| Independent Director | 4yrs | US$285.01k | 0.00049% $ 37.7k | |
| Independent Director | 9.5yrs | US$318.67k | 0.013% $ 1.0m | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.6yrs | US$286.33k | 0.0027% $ 211.1k | |
| Independent Director | less than a year | US$3.67m | 0.00088% $ 67.8k | |
| Independent Director | 1.6yrs | US$311.33k | 0.00054% $ 41.6k | |
| Independent Director | 5yrs | US$322.21k | no data | |
| Independent Director | 10.4yrs | US$303.67k | 0.0077% $ 590.8k | |
| Independent Director | 2.6yrs | US$299.06k | 0.016% $ 1.2m | |
| Independent Director | 3.5yrs | US$286.67k | no data |
3.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: VOYA's board of directors are considered experienced (3 years average tenure).