Voya Financial Inc (NYSE:VOYA)
$ 81.7 0.45 (0.55%) Market Cap: 7.86 Bil Enterprise Value: 10.00 Bil PE Ratio: 13.01 PB Ratio: 1.68 GF Score: 78/100

Voya Financial Inc at Goldman Sachs Financial Services Conference (Virtual) Transcript

Dec 05, 2023 / 06:40PM GMT
Release Date Price: $71.64 (-0.73%)
Alex Scott
Goldman Sachs Group, Inc., Research Division - Equity Analyst

All right. Let's get going on the next session here. I have Voya Financial. Let me first say thank you for being here, and thank you to everybody in the audience. I've got Heather Lavallee, Donald Templin CFO; and Mike Katz, VP of Finance. And so before we jump into it, I'm going to do a bunch of Q&A.

But I think, first, I'll turn it over to Heather to make some opening remarks.

Heather Lavallee
Voya Financial, Inc. - Chief Executive Officer

Yes, thanks, Alex. So a couple of opening remarks about Voya, if you're less familiar with us is we've been on an interesting journey over the last decade. And we have gone and transformed from a capital-intensive business, life and annuity, to a capital-light, high-growth business. Back in 2018, we divested our life and annuity businesses. And now we are really focusing on workplace benefits and savings and our asset management business.

Second key point I would mention is the high free cash flow generation of our businesses.

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