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Posted 10 January, 2024

Voya Financial, Inc. appointed new CEO

CEO Change detected for ticker NYSE:VOYA in a 8-K filed on 10 January, 2024.


  On January 10, 2024, Voya Financial, Inc. (the "Company") announced that Christine Hurtsellers, the Chief Executive Officer ("CEO") of Voya Investment Management ("IM"), has informed the Company of her decision to retire later this year.  

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Overview of Voya Financial, Inc.
Financial Services • Investment Advisors
Voya Financial, Inc. is a retirement, investment, and insurance company, which engages in the provision of financial services. It operates through the following segments: Retirement, Investment Management, and Employee Benefits. The Retirement segment offers tax-deferred, employer-sponsored retirement savings plans and administrative services. The Investment Management segment includes domestic and international fixed income, equity, multi-asset and alternative investment products and solutions. The Employee Benefits segment consists of stop loss, group life, voluntary employee-paid, and disability products to mid-sized and large businesses. The company was founded on April 7, 1999 and is headquartered in New York, NY.
Market Cap
$6.92B
View Company Details
Voya Financial, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 10, 2024, Voya Financial, Inc. (the "Company") announced that Christine Hurtsellers, the Chief Executive Officer ("CEO") of Voya Investment Management ("IM"), has informed the Company of her decision to retire later this year.

In connection with her retirement, the Company and Ms. Hurtsellers have entered into an agreement, dated as of January 9, 2024, pursuant to which:

-Ms. Hurtsellers will continue as an employee to serve as a strategic advisor to IM and the Company in supporting the transition of her successor until her retirement later this year;

-For her role as an advisor, Ms. Hurtsellers will continue to receive a base salary (annualized at $300,000) in accordance with normal payroll practices and will remain eligible for annual incentive and long-term incentive awards payable in respect of services rendered in 2023; and

-Upon completion of such role, Ms. Hurtsellers will be eligible for an additional cash incentive award to be paid in 2025.