This case study details how Voya Financial made board diversity an essential aspect of its governance. Voya Financial is a member of the Thirty Percent Coalition.
Voya Financial, Inc. (Voya Financial or Voya) helps Americans plan, invest and protect their savings — to get ready to retire better. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company™.
There are 10 members on the Board of Directors for Voya Financial. All of the Directors are independent according to the rules of the New York Stock Exchange with the exception of Rodney O. Martin, the Chairman and CEO.
In 2016, women represented 44% of independent directors of Voya’s board of directors. Women serve on all of Voya’s standing board committees, including the Audit Committee, Compensation and Benefits Committee, Finance Committee, Nominating and Governance Committee, and Technology and Operations Committee.
What drove the Company’s commitment to increase the number of women on the Board?