April 20, 2015 – New York – Voya Financial, Inc. announced today that Charles P. Nelson, 54, will join the company as chief executive officer (CEO) of Retirement on May 1, 2015.
In this role, Nelson will oversee Tax-Exempt and Corporate Markets and Retail Wealth Management, which comprise the company’s workplace and individual retirement businesses, including 401(k), 403(b) and 457 plans, and IRAs. He will report to Alain Karaoglan, Voya Financial’s chief operating officer (COO), and join the company’s Executive Committee. In 2014, Voya’s Retirement segment accounted for approximately 40% of the company’s operating earnings.
Nelson comes to Voya Financial with more than 30 years of leadership experience in the retirement industry. He was president of Retirement Services for Great-West through September 2014 and most recently led the legacy retirement business of Great-West in Empower Retirement, a business unit of Great-West Life & Annuity Insurance Company.
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