Christine Hurtsellers, CEO of Voya Investment Management, has informed the company of her decision to retire later this year.
Matthew Toms, firm’s global CIO, will succeed Hurtsellers as CEO, effective immediately.
Hurtsellers will now serve as an adviser to the company until her retirement. Toms also has joined Voya Financial’s executive committee and will now report to Heather Lavallee, CEO, Voya Financial.
In addition, Eric Stein, who most recently served as CIO-fixed income at Morgan Stanley Investment Management, has joined the firm as head of investments