News & Videos - VOYA FINANCIAL INC. - Page 2

Pomona Capital, a global private equity firm specializing in secondaries investing, announced that its registered product offering, Pomona Investment Fund (“PIF” or the “Fund”), achieved a significant milestone with assets under management surpassing $1 billion. PIF is one of only five registered private equity investment vehicles to achieve this level in AUM. The Fund is a strong performer in its space. Over the past five years, PIF delivered an annualized return of 17%, more than 2.5x...

Voya Financial, Inc. (NYSE: VOYA), announced today first-quarter 2023 financial results: Net income available to common shareholders of $0.63 per diluted share. After-tax adjusted operating earnings 1 per diluted share (EPS) of $1.44. Results reflect continued benefit of diverse revenue streams and strong margins across Voya’s businesses. Excess capital of approximately $0.5 billion as of March 31, 2023, reflecting capital generation of over 90% of adjusted operating earnings for the trailing...

Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Barbara Reinhard, CFA, has been named chief investment officer and head of Asset Allocation for Voya IM’s Multi Asset Strategies and Solutions (MASS) platform, effective Nov. 1, 2023. Reinhard will succeed Paul Zemsky, CFA, who will retire at the end of 2023. Reinhard will report to Matt Toms, global chief investment officer, Voya IM. “Barbara is a seasoned...

Voya Financial, Inc. (NYSE: VOYA), announced today that its board of directors has declared a common stock dividend of $0.20 per share for the second quarter of 2023. The second-quarter 2023 common stock dividend is payable on June 28, 2023 to shareholders of record as of May 26, 2023. Voya also announced today that its board of directors has declared a quarterly dividend of $13.3750 per share on the company’s Series B 5.35% fixed-rate reset non-cumulative preferred stock (the “Series B...

Voya Financial, Inc. (NYSE: VOYA), is releasing new research detailing how comprehensive diversity, equity and inclusion (DEI) initiatives can help close benefits and savings gaps to improve financial outcomes for Black/African American (Black) and Hispanic/Latino (Latino) workers. Further detailed in Voya’s new thought leadership paper: “ Bringing greater financial equity to the workplace to support everyone’s opportunity for a better financial future ,” the innovative DEI research...

Voya Financial, Inc. (NYSE: VOYA) announced today that is has joined the Puppy with a Purpose program , in collaboration with America’s VetDogs, to help a puppy become a future service dog for a veteran or first responder with a disability. “We are proud to participate in the Puppy with a Purpose program, as part of our commitment to making a positive difference in the lives of people in the disabilities community and their caregivers,” said Kevin Silva, executive vice president and chief...

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds. With respect to the Fund, the distribution will be paid on May 15, 2023, to shareholders of record on May 2, 2023. The ex-dividend date is May 1, 2023. The distribution per share for the Fund is as follows: Fund Distribution Per Share Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) $0.040...

Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds’ distributions declared in March 2023. This press release is issued as required by the Funds’ Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to...

Voya Financial, Inc. (NYSE: VOYA), announced today it has hired Michael Raneri for the position of Senior Vice President (SVP) and Chief Technology Officer (CTO) of Enterprise Digital & Data Solutions. In this new role, Raneri will be responsible for elevating our innovation capabilities and commercial mindset, as well as driving integration across a variety of internal and external partners while ensuring measurable customer outcomes. Raneri will report to Chief Information Officer (CIO)...

Voya Financial, Inc. (NYSE: VOYA) (the “Company” or “Voya”), announced today that it has called for the redemption of all of its 5.650% fixed-to-floating rate junior subordinated notes due 2053 (the “2053 Notes”), of which $393,102,000 aggregate principal amount is outstanding. The 2053 Notes will be redeemed on May 15, 2023 at a redemption price equal to 100% of the principal amount of the 2053 Notes to be redeemed plus accrued and unpaid interest to, but excluding, the Redemption...

Voya Financial, Inc. (NYSE: VOYA), announced today that it is accepting grant applications for Voya’s 2023 Unsung Heroes program , a nationwide initiative that funds innovative curriculum ideas to augment classroom instruction. Teachers with innovative curriculum ideas that will enhance the learning experience can apply for $140,000 in annual grant dollars. Fifty finalists will be selected to receive a $2,000 grant based on their ideas’ creativity; the teaching method applied; and the...

Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the first-quarter 2023 on Wednesday, May 3, 2023 from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company’s financial results for the first-quarter 2023 after the market closes on Tuesday, May 2, 2023. When issued, the press release – along with the company’s investor supplement and analyst presentation – will be available on the...

Voya Financial, Inc. (NYSE: VOYA), announced today the launch of a new advisory services program through Voya Retirement Advisors, LLC (VRA). The new program, powered by Morningstar, is the firm’s latest addition to its suite of advice and guidance solutions. Leveraged in collaboration with Morningstar Investment Management LLC’s Retirement Solutions Group, the VRA solution provides participants in Voya-administered retirement plans with a broader scope of access to advice services. “In...

On March 29, 2023, Voya Financial, Inc. (NYSE: VOYA) paid a quarterly dividend of $0.20 per share on its common stock, par value $0.01 per share (“Common Stock”). As a consequence, the exercise price of the Warrants to purchase shares of Common Stock (the “Warrants”), issued pursuant to the Warrant Agreement dated May 7, 2013 (the “Warrant Agreement”), has been adjusted, in accordance with Section 6.01 of the Warrant Agreement, from $46.94 to $46.82 per share of Common Stock for...

Voya Financial, Inc. (NYSE: VOYA), announced today that Stephen “Biff” Bowman and Hikmet Ersek have been elected to the company’s board of directors, effective today. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230322005575/en/ Voya Financial, Inc. (NYSE: VOYA), announced that Stephen “Biff” Bowman has been elected to the company’s board of directors, effective March 22, 2023. (Photo: Business Wire) Bowman was most...

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announces the quarterly distribution on the common shares of two of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (each a “Fund” and together the “Funds”). With respect to the Funds, the distribution will be paid on April 17, 2023, to shareholders of record on April 4, 2023. The...

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of three of its closed-end funds (each a "Fund" and collectively, the "Funds"). The Fund distributions announced today include changes from distributions paid in prior periods and are implemented in an effort to align the Funds’ distributions with the long-term market environment. The Funds' management considered a number of factors before...

Voya Financial, Inc. (NYSE: VOYA), announced today that it has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230313005611/en/ Voya has received this honor for 10 consecutive years — every year that the company has been eligible. Voya is one of 135 companies around...

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds. With respect to the Fund, the distribution will be paid on March 15, 2023, to shareholders of record on March 2, 2023. The ex-dividend date is March 1, 2023. The distribution per share for the Fund is as follows: Fund Distribution Per Share Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)...

Voya Financial, Inc. (NYSE: VOYA) announced today two $50,000 donations — one to Disability:IN and one to National Down Syndrome Society (NDSS) — to help advance the employment of people with disabilities. Voya’s Chief Executive Officer Heather Lavallee shared the news at Voya's annual Workplace Solutions sales and client engagement training conference held in Boston. “At Voya, we are committed to disability inclusion and hiring in the workplace, which we demonstrate through our actions...