Sam Foti joined the MONY group in 1988 and is now the President and Chief Operating Officer of the MONY group. His career at MONY has been a success story itself. The MONY group is a financial services company and with its excellent distribution network, it manufactures and sells life insurance, asset accumulation and retail brokerage services to the high income segment of the market. These financial services vary from individual life insurance products to group universal life products and investment management services.

 

Samuel J. Foti has been successful in establishing challenging but realistic long term goals for the company which through his strategic courses of actions, he was able to execute. Accomplishment of these milestones has resulted in MONY having a greater market share, better financial worth and an enhanced brand image.

 

Samuel Foti  took steps with calculated risks and was able to implement the strategy of reducing its exposure to mortgage loans and also upgrading management of real estate portfolio which ultimately resulted in a radical repositioning of the company’s investment portfolio. He is a risk taker by nature but takes well-thought out courses of action, keeping in view the long term consequences.