8-K filed July 7, 2022, 7:59 PM ET ticker VOYA CIK 0001535929

leadership confidence high sentiment positive materiality 0.70

Voya appoints Heather Lavallee as CEO-Elect; Martin to become Executive Chairman in 2023

Voya Financial, Inc.

Heather Lavallee appointed President and CEO-Elect effective July 7; will become CEO on Jan 1, 2023.
Martin becomes Executive Chairman Jan 1, 2023; base salary reduced 15% to $1.025M, term through Feb 29, 2024.
Lavallee's base salary increased to $835,000; target ACIP $1.879M; LTIP target $4.801M; plus $5M one-time grant (80% PSUs).
Other executives (Smith, Nelson, Hurtsellers) receive $1M LTIP grants (70% PSUs, 30% RSUs).
Martin's employment agreement amended; ACIP and LTIP targets unchanged, severance unchanged.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Heather Lavallee

Chief Executive Officer

VOYA · Voya Financial, Inc.

Effective: 2023-01-01
Filed: July 7, 2022, 7:59 PM ET

effective January 1, 2023, Ms. Lavallee will succeed Rodney O. Martin, Jr., as the Company’s next Chief Executive Officer.

Role change

Rodney O. Martin, Jr.

Executive Chairman of the Board

VOYA · Voya Financial, Inc.

Effective: 2023-01-01
Successor: Heather Lavallee
Filed: July 7, 2022, 7:59 PM ET

commencing January 1, 2023, will transition to the role of Executive Chairman of the Board

Appointed

Heather Lavallee

President and Chief Executive Officer-Elect

VOYA · Voya Financial, Inc.

Effective: 2022-07-07
Filed: July 7, 2022, 7:59 PM ET

On July 7, 2022, Voya Financial, Inc. (the “Company”) announced that, effective as of such date, Heather Lavallee has been appointed President and Chief Executive Officer-Elect (“CEO-Elect”)

Appointed

Heather Lavallee

Director

VOYA · Voya Financial, Inc.

Effective: 2022-07-07
Filed: July 7, 2022, 7:59 PM ET

Ms. Lavallee has also been appointed to the Board of Directors of the Company (the “Board”) effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Heather Lavallee changed role as Chief Executive Officer at Voya Financial, Inc..

Action: succeed
Role: Chief Executive Officer

Exact text from the filing

effective January 1, 2023, Ms. Lavallee will succeed Rodney O. Martin, Jr., as the Company’s next Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rodney O. Martin, Jr. changed role as Executive Chairman of the Board at Voya Financial, Inc..

Action: transition to
Role: Executive Chairman of the Board

Exact text from the filing

commencing January 1, 2023, will transition to the role of Executive Chairman of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Heather Lavallee was appointed as President and Chief Executive Officer-Elect at Voya Financial, Inc..

Action: appointed
Role: President and Chief Executive Officer-Elect

Exact text from the filing

On July 7, 2022, Voya Financial, Inc. (the “Company”) announced that, effective as of such date, Heather Lavallee has been appointed President and Chief Executive Officer-Elect (“CEO-Elect”)

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Heather Lavallee was appointed as Director at Voya Financial, Inc..

Action: appointed
Role: Director

Exact text from the filing

Ms. Lavallee has also been appointed to the Board of Directors of the Company (the “Board”) effective immediately.

View on SEC.gov

Voya Financial, Inc. filing history →

Source: SEC EDGAR

accession 0001535929-22-000064

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