Voya Financial Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| No. | ||||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
| (Address of principal executive offices) | (Zip Code) | |||||
Registrant’s telephone number, including area code:
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading symbol |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 4, 2024, Voya Financial, Inc. (the “Company”) announced that Don Templin, Executive Vice President and Chief Financial Officer, informed the Company of his decision to retire from the Company. To facilitate a smooth transition of his responsibilities, Mr. Templin will step down from his position as Executive Vice President and Chief Financial Officer, effective at the close of business on December 31, 2024, and will continue serving as a strategic advisor to the Company, in a non-executive officer role, until his retirement in the first quarter of 2025.
Michael Katz, age 48, will assume the role of Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2025. Mr. Katz currently serves as Executive Vice President, Finance, of the Company, a position he has held since November 2022. Prior to this, he served as Chief Strategy, Planning and Investor Relations Officer from January 2020 (as an Executive Vice President from March 2021), and as Senior Vice President, Head of Investor Relations and Enterprise FP&A from March 2018. Prior to that, Mr. Katz was the Chief Financial Officer for Voya’s Annuities, Individual Life and Employee Benefits businesses. Mr. Katz joined the Company in 2004 and has held positions of increasing responsibility in finance, product development, capital management, actuarial and business strategy.
There is no family relationship between Mr. Katz and any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer of the Company. The Company has not entered into any transactions with Mr. Katz that would require disclosure pursuant to Item 404(a) of Regulation S-K under the Exchange Act. As of the time of the filing of this report, the Company has not entered into any material plan, contract or arrangement providing for Mr. Katz’s compensation in connection with his appointment as Executive Vice President and Chief Financial Officer or for Mr. Templin’s compensation in connection with his role as a strategic advisor, and any such arrangement will be disclosed within four business days thereof.
| Item 7.01 | Regulation FD Disclosure |
On September 4, 2024, the Company issued a press release announcing the Chief Financial Officer succession described above in Item 5.02, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
As provided in General Instruction B.2 of Form 8-K, the information provided pursuant to this Item 7.01 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| 99.1 | Press Release of Voya Financial, Inc. dated September 4, 2024 (furnished and not filed) | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Voya Financial, Inc. (Registrant) | ||
| By: | /s/ My Chi To | |
| Name: | My Chi To | |
| Title: | Executive Vice President, General Counsel and Corporate Secretary | |
Dated: September 4, 2024