Voya Financial, Inc. (NYSE: VOYA) has appointed Michael Katz as its new Chief Financial Officer (CFO), effective January 1, 2025. Katz, who has been with Voya and its predecessor ING U.S. for over 20 years, currently serves as the Executive Vice President of Finance and is a member of Voya's Executive Committee.
Katz will succeed Don Templin, who has been serving as Voya's CFO since November 2022 and recently made the decision to retire. Templin will continue to serve as a strategic advisor to Voya from January 1, 2025, until his retirement in the first quarter of 2025.
During his time at Voya, Templin played a critical role in the strategic direction and future growth of the company. Heather Lavallee, Voya's Chief Executive Officer, expressed gratitude for Templin's leadership and passion for the business and its people.
Lavallee also expressed her delight in continuing to work with Katz in his new role, highlighting his deep experience in strategy, knowledge of Voya's businesses, and focus on execution. She emphasized Katz's instrumental roles in key inflection points of Voya's journey as a public company.
In addition to his responsibilities as an Executive Committee member, as CFO, Katz will continue to be responsible for investor relations as well as all aspects of finance for Voya. Katz has previously held the position of Voya's Chief Strategy, Planning, and Investor Relations Officer and has also served as the Chief Financial Officer for Voya's annuities, individual life, and employee benefits businesses.
Voya Financial, Inc. is a leading health, wealth, and investment company with approximately 9,000 employees. It serves approximately 15.2 million individual, workplace, and institutional clients. Voya is committed to conducting business in a way that is economically, ethically, socially, and environmentally responsible. The company has earned recognition as one of the world's most ethical companies by Ethisphere and is a member of the Bloomberg Gender-Equality Index.
For media inquiries, Laura Maulucci can be contacted at (508) 353-6913 or [email protected]. For investor inquiries, Me Ni Chu can be reached at (212) 309-8999 or [email protected]. As a result of these announcements, the company's shares have moved 1.2% on the market, and are now trading at a price of $71.07. Check out the company's full 8-K submission here.