TCIM urges Voya shareholders to back no-confidence vote in board and management
VOYA•TOMS Capital Investment Management urged Voya Financial shareholders to support a nonbinding no-confidence resolution targeting the board and management. TCIM manages funds with an approximately 4.65% economic interest in Voya and says it plans to request SEC correspondence through the Freedom of Information Act.
1. Shareholder vote push
TOMS Capital Investment Management urged Voya Financial shareholders to vote for a nonbinding no-confidence resolution targeting the company’s board and management. TCIM manages funds with an approximately 4.65% economic interest in Voya and said the company unsuccessfully lobbied the SEC to block the referendum. TCIM plans to file a Freedom of Information Act request for SEC correspondence concerning efforts to stop the vote.
