Michael Smith - Voya Financial CEO

VOYA Stock  USD 82.93  0.51  0.62%   

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 MarksCFA
Address 230 Park Avenue, New York, NY, United States, 10169
Phone212 309 8200
Webhttps://www.voya.com
Smith holds bachelor’s degrees in Economics and Russian Studies from the University of Michigan. He attained Fellowship in the Society of Actuaries in 1990 and is also a Member of the American Academy of Actuaries. He also attained his CFA Charter holder designation in 2003.

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.

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.
Voya Financial currently holds 3.43 B in liabilities with Debt to Equity (D/E) ratio of 0.63, which is about average as compared to similar companies. Voya Financial has a current ratio of 12.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Voya Financial's use of debt, we should always consider it together with its cash and equity.

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Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. Voya Financial, Inc. was incorporated in 1999 and is based in New York, New York. VOYA Financial operates under Financial Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 6000 people. Voya Financial (VOYA) is traded on New York Stock Exchange in USA. It is located in 230 Park Avenue, New York, NY, United States, 10169 and employs 9,000 people. Voya Financial is listed under Diversified Financial Services category by Fama And French industry classification.

Management Performance

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.

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.
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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.