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VOYA FINANCIAL, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Election of Directors On October 30, 2014, the Board of Directors (the "Board") of Voya Financial, Inc. (the "Company") elected Lynne Biggar as a director of the Board. Ms. Biggar is the Executive Vice President of Consumer Marketing + Revenue for Time Inc., a position she has held since November 2013. Prior to that, she was with American Express Company from 1992 to 2013, most recently as its Executive Vice President & General Manager for International Card Products + Experiences. The Board has determined that Ms. Biggar is an independent director under the New York Stock Exchange listing standards. In addition, Ms. Biggar qualifies as an outside director under Section 162(m) of the Internal Revenue Code and as a non-employee director under Rule 16b-3 of the Exchange Act Rules. The Board appointed Ms. Biggar to the Compensation and Benefits Committee and the Finance Committee. Ms. Biggar will receive compensation as a non-employee director on a pro rata basis of (i) a $105,000 annual cash payment, (ii) a $115,000 annual equity grant in the form of time-vested RSUs and (iii) an annual committee membership fee of $10,000 for each committee to which Ms. Biggar has been appointed. -------------------------------------------------------------------------------- |