Sam Foti is considered a gem in the corporate circles for his unrelenting work schedules and participation in every aspect of his company’s business. He has been the President and Chief Operating Officer of the MONY Group since 1994. During his tenure as the COO, he has implemented a number of procedures that have helped the MONY’s to ward off recession and stay on the profitable course.
Samuel J. Foti played a key role in the demutualization of the company and its listing on the stock exchange. He regularly interacts with the company’s shareholders and work with investment mangers to keep the company floating in the challenging environment of stock exchanges.
Another major achievement of Samuel Foti is the reorganization of the company on the tenets of Information Technology. He was one of the first COOs to understand the importance of IT governance and changed the manual procedures of the company to modern and one-window operation. His other achievements include the creation of Enterprise Strategies group that oversees the investment arm of the company. Additionally, he also manages the subsidiaries of MONY’s through either directorships or a main role in their working procedures.