Sam Foti – MONY’s yesterday and tomorrow
Sam Foti completed his under graduation degree from Wharton School of Business. After that he spent a year at Oxford and finally did his masters from University of Pennsylvania with a specialization of Finance and Investment. He joined the MONY group in 1988 and was promoted as the Executive Vice President of Insurance Operations in 1991. In 1994 he was named as the president and Chief Operating Officer of the MONY group. MONY went through a merger with AXA Financial Inc. which are one of the premier financial protection and wealth management providers of U.S.
Samuel J. Foti played a significant role in expanding the company’s scope of business activities. He has a strategic mindset and looks at every action from many different perspectives. He has been responsible for re-positioning of the company’s product and marketing mix by increasing a focus on mutual funds or accumulation business.
To achieve such objectives Samuel Foti devised action plans like growing the number of Million Dollar Round Table sales force qualifiers. He also took initiatives for improving the quality of the sales force by introducing excellent training and development opportunities which had a direct impact on sales force effectiveness and productivity.
