TCIM Issues Investor Presentation Outlining Why Voya Financial Shareholders Should Vote FOR No Confidence Referendum
TOMS Capital Investment Management, holding a roughly 4.65% economic interest in Voya Financial, released an investor presentation urging shareholders to vote FOR a non-binding no-confidence referendum on Voya's board and management by November 23. TCIM argues Voya has de-rated under CEO Heather Lavallee, trailing core peers by roughly 40 points of TSR since her July 2022 appointment, with delayed stop-loss targets and withdrawn guidance eroding credibility. It also accuses the board of delay and obstruction, including lobbying the SEC to block the referendum.
Key figures
- Client assets
- $1 trillion
- Voting deadline
- November 23
- Tsr gap vs peers
- approximately 40 points
- Economic interest pct
- 4.65%
- Tcm beneficial shares
- 1708081
- Shares up since campaign
- ~30%
- Shares deemed beneficially owned
- 4228000
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.