Rodney O. Martin Jr. | |
---|---|
Born | [1] | June 16, 1952
Other names | Rod |
Alma mater | Alfred University (B.A.) |
Occupation | Business executive |
Known for | Voya Financial |
Rodney O. "Rod" Martin Jr. (born June 16, 1952) is an American business executive. He serves as the chairman and chief executive officer of Voya Financial, Inc. (NYSE: VOYA), a Fortune 500 financial services company based in New York, New York.
Martin graduated with a bachelor's degree in business administration from Alfred University in Alfred, New York. [2] [1]
Martin started his career in 1975 as an agent with Connecticut Mutual Life Insurance Company, where he served more than 20 years, ultimately becoming president of Connecticut Mutual Insurance Services. [2] In 1995, he became president and chief executive officer of the American General Life Insurance Company of New York. [2] When it merged with the American International Group, he was in charge of their life insurance division. [3] During his 10-year tenure at AIG, he served as chairman and CEO of American Life Insurance Company (Alico) and chairman of American International Assurance (AIA). [2]
In 2011, Martin joined Voya Financial as chairman and chief executive officer. [1] Under Martin's leadership, Voya has achieved 400 basis points of improvement in Ongoing Business Adjusted Operating Return on Equity; generated strong growth in Ongoing Business operating earnings; returned $3 billion in excess capital to shareholders; and fostered a One Voya culture. Martin successfully prepared the company for an initial public offering (IPO) on the New York Stock Exchange in May 2013 – leading one of the top performing IPOs of that year. [4]
Martin earned a total compensation of $9.59 million in 2016, which included a base salary of $1 million, stock awards worth $6.40 million, and other compensation totaling $2.19 million. [5]
Martin is a board member of the American Council of Life Insurers (ACLI); [6] a board member of Junior Achievement; [7] a fellow, Life Underwriter Training Council; and has served on the board of the Life Insurance Marketing and Research Association (LIMRA).
Martin is also a member of Catalyst CEO Champions for Change, [8] the U.S. 30% Club, [9] and the Committee Encouraging Corporate Philanthropy (CECP). [10]
Rodney O. Martin Jr. | |
---|---|
Born | [1] | June 16, 1952
Other names | Rod |
Alma mater | Alfred University (B.A.) |
Occupation | Business executive |
Known for | Voya Financial |
Rodney O. "Rod" Martin Jr. (born June 16, 1952) is an American business executive. He serves as the chairman and chief executive officer of Voya Financial, Inc. (NYSE: VOYA), a Fortune 500 financial services company based in New York, New York.
Martin graduated with a bachelor's degree in business administration from Alfred University in Alfred, New York. [2] [1]
Martin started his career in 1975 as an agent with Connecticut Mutual Life Insurance Company, where he served more than 20 years, ultimately becoming president of Connecticut Mutual Insurance Services. [2] In 1995, he became president and chief executive officer of the American General Life Insurance Company of New York. [2] When it merged with the American International Group, he was in charge of their life insurance division. [3] During his 10-year tenure at AIG, he served as chairman and CEO of American Life Insurance Company (Alico) and chairman of American International Assurance (AIA). [2]
In 2011, Martin joined Voya Financial as chairman and chief executive officer. [1] Under Martin's leadership, Voya has achieved 400 basis points of improvement in Ongoing Business Adjusted Operating Return on Equity; generated strong growth in Ongoing Business operating earnings; returned $3 billion in excess capital to shareholders; and fostered a One Voya culture. Martin successfully prepared the company for an initial public offering (IPO) on the New York Stock Exchange in May 2013 – leading one of the top performing IPOs of that year. [4]
Martin earned a total compensation of $9.59 million in 2016, which included a base salary of $1 million, stock awards worth $6.40 million, and other compensation totaling $2.19 million. [5]
Martin is a board member of the American Council of Life Insurers (ACLI); [6] a board member of Junior Achievement; [7] a fellow, Life Underwriter Training Council; and has served on the board of the Life Insurance Marketing and Research Association (LIMRA).
Martin is also a member of Catalyst CEO Champions for Change, [8] the U.S. 30% Club, [9] and the Committee Encouraging Corporate Philanthropy (CECP). [10]