Rodney O. Martin Jr.
Rodney O. Martin Jr. | |
|---|---|
| Born | June 16, 1952[1] |
| 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.
Education
[edit]Martin graduated with a bachelor's degree in business administration from Alfred University in Alfred, New York.[2][1]
Professional career
[edit]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]
Honors and organizations
[edit]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]
References
[edit]- ^ a b c "American International Group (AIG:New York): Rodney Owen Martin Jr". Bloomberg Business. Retrieved September 17, 2015.
- ^ a b c d "Rodney O. Martin, Jr". Business Roundtable. Retrieved September 17, 2015.
- ^ Bianco, Anthony (February 3, 2008). "A.I.G. Chief Can't Stop Looking Over His Shoulder". The New York Times. Retrieved September 17, 2015.
- ^ "Rodney O. Martin, Jr". About Voya Financial. 2014-08-08. Retrieved 2017-05-05.
- ^ "2017 Notice of Annual Meeting to Stockholders and Proxy Statement" (PDF).
- ^ "ACLI 2017 Board of Directors".
- ^ "JA USA Board – Junior Achievement USA". www.juniorachievement.org. Retrieved 2017-05-05.
- ^ RPappas (2017-03-01). "Catalyst CEO Champions for Change". Catalyst. Retrieved 2017-05-05.
- ^ "About – 30% Club". us.30percentclub.org. Retrieved 2017-05-05.
- ^ "CEO AND COMPANY – CECP". cecp.co. Retrieved 2017-05-05.