Michael Smith - Voya Financial CEO
| VOYA Stock | USD 68.07 1.03 1.49% |
CEO
Mr. Michael S. Smith is the Chief Financial Officer, Executive Vice President, Chief Risk Officer of Voya Financial Inc. He has served as Executive Vice President and Chief Financial Officer of the Company since November 2016 and is responsible for strategic finance, capital management, actuarial, tax, insurance investments, controllership, financial reporting, procurement, expense management, treasury and investor relations. Since April 1, 2019, Mr. Smith has also served as our Interim Chief Risk Officer. Prior to becoming CFO, Mr. Smith served as Chief Executive Officer of our Insurance Solutions and Closed Block Variable Annuity business since January 2014. Prior to that, Mr. Smith served as the Executive Vice President and Chief Risk Officer of the Company since December 2012. Mr. Smith joined the Company in May 2009 first as Chief Financial Officer and Chief Insurance Risk Officer of the annuity business and subsequently as Chief Executive Officer of Annuity Manufacturing. Prior to joining the Company, from 1988 to 2009, Mr. Smith was employed by Lincoln Financial Group where he held several positions, including head of Profitability and Risk Management for Retirement Solutions at LNC, Chief Actuarial Officer for Lincoln National Life, Chief Administrative Officer and Chief Financial Officer for Lincoln Financial Distributors, Inc., Chief Financial Officer and Chief Risk Officer for LNCs Life and Annuity division and head of customer support for LNCs Employer Markets division since 2021.
| Age | 56 |
| Tenure | 3 years |
| Professional Marks | CFA |
| Address | 230 Park Avenue, New York, NY, United States, 10169 |
| Phone | 212 309 8200 |
| Web | https://www.voya.com |
Michael Smith Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Smith against Voya Financial stock is an integral part of due diligence when investing in Voya Financial. Michael Smith insider activity provides valuable insight into whether Voya Financial is net buyers or sellers over its current business cycle. Note, Voya Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Voya Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Smith over two months ago Disposition of 11900 shares by Michael Smith of Insmed at 17.16 subject to Rule 16b-3 | ||
Michael Smith over two months ago Disposition of 834 shares by Michael Smith of ICC Holdings subject to Rule 16b-3 | ||
Michael Smith over two months ago Disposition of 730 shares by Michael Smith of Insmed at 70.05 subject to Rule 16b-3 | ||
Michael Smith over two months ago Disposition of 3121 shares by Michael Smith of Doma Holdings at 0.282 subject to Rule 16b-3 |
Voya Financial Management Efficiency
At present, Voya Financial's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0, whereas Return On Capital Employed is forecasted to decline to 0. At present, Voya Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 3.2 B, whereas Net Tangible Assets are forecasted to decline to about 4 B. Voya Financial's management efficiency ratios could be used to measure how well Voya Financial manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 4 records | CEO Age | ||
| Daniel Feehan | Enova International | 70 | |
| John Remondi | Navient Corp | 61 | |
| Jeffrey Noordhoek | Nelnet Inc | 58 | |
| Bradford Nordholm | Federal Agricultural Mortgage | 67 | |
Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0048 |
Voya Financial Leadership Team
Elected by the shareholders, the Voya Financial's board of directors comprises two types of representatives: Voya Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Voya. The board's role is to monitor Voya Financial's management team and ensure that shareholders' interests are well served. Voya Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Voya Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lynne Biggar, Independent Director | ||
| CFA CFA, Chief Management | ||
| Joseph Tripodi, Independent Director | ||
| Tony Oh, Principal Officer | ||
| Rodney Martin, Chairman, CEO and Chairman of Executive Committee | ||
| Charles Nelson, Vice Chairman of the Board, Chief Growth Officer | ||
| Nancy Ferrara, Executive Vice President - Operations and Continuous Improvement | ||
| Kevin Silva, Chief Human Resources Officer, Executive Vice President | ||
| Aylwin Lewis, Independent Director | ||
| Trevor Ogle, Executive Officer | ||
| Jessica Saperstein, Chief Customer Experience Officer | ||
| Larry Port, Executive Vice President Chief Legal Officer | ||
| Michael Smith, CEO of Insurance Solutions and Closed Block Variable Annuities | ||
| My To, Ex Officer | ||
| Miles Edwards, Senior Business | ||
| Paul Gennaro, Senior Vice President - Brand and Corporate Communications and Chief Communications Officer | ||
| Robert Grubka, Chief Executive Officer - Health Solutions | ||
| William II, Chief Officer | ||
| Matthew CFA, Chief Management | ||
| Donald CPA, Executive CFO | ||
| Yvette Butler, Independent Director | ||
| Brannigan Thompson, Executive Officer | ||
| Jane Chwick, Independent Director | ||
| Christine Hurtsellers, Chief Executive Officer - Investment Management | ||
| Ruth Gillis, Independent Director | ||
| Santhosh Keshavan, Executive Vice President, Chief Information Officer | ||
| David Zwiener, Lead Independent Director | ||
| Byron Pollitt, Independent Director | ||
| Heather Lavallee, Chief Executive Officer - Wealth Solutions | ||
| Michael Katz, Executive Vice President, Chief Strategy Officer, Planning and Investor Relations Officer | ||
| Kathleen DeRose, Independent Director | ||
| Donald Templin, Executive CFO |
Voya Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Voya Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0048 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 8.73 B | ||||
| Shares Outstanding | 96.22 M | ||||
| Shares Owned By Insiders | 0.33 % | ||||
| Shares Owned By Institutions | 99.67 % | ||||
| Number Of Shares Shorted | 2.09 M | ||||
| Price To Earning | 11.54 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Voya Financial. If investors know Voya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Voya Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 1.65 | Earnings Share 6.31 | Revenue Per Share 77.658 | Quarterly Revenue Growth 0.073 |
The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Voya Financial's market value can be influenced by many factors that don't directly affect Voya Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.