How Lavallee was paid
$12.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Heather LavalleeChief Executive Officer | $991,667 | $6,942,727 | $4,456,000 | $132,024 | $71,258 | $12,593,676 |
| Michael KatzEVP, Chief Financial Officer | $650,000 | $2,216,753 | $3,400,313 | $98,238 | $64,137 | $6,429,440 |
| Jay KadusonCEO, Workplace Solutions | $598,958 | $7,090,932 | $3,342,188 | $19,176 | $35,938 | $11,087,191 |
| Matthew TomsCEO, Investment Management | $645,833 | $2,512,139 | $3,765,531 | $100,846 | $62,675 | $7,087,025 |
| Santhosh KeshavanEVP, Chief Technology and Operations Officer | $600,000 | $1,461,623 | $2,406,375 | $69,012 | $59,085 | $4,596,095 |
What changed and why
- $12.6MCEO total compensation increased to $12,593,676 in 2025 driven by higher stock awards and non-equity incentive payouts.
- $1BVoya produced over $1 billion of pre-tax adjusted operating earnings and $775 million of excess capital.
- $1TRetirement and Investment Management generated record net flows, pushing combined assets over $1 trillion.
- $152MEmployee Benefits delivered pre-tax adjusted operating earnings of $152 million, up from $40 million in 2024.
- The OneAmerica acquisition successfully integrated and delivered financial results exceeding earnings targets.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.