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The MONY Group Inc. is a financial service holding company that offers a huge range of life insurance, annuities and mutual funds products basically to higher income individuals. It merged with AXA Financial Inc, member of the global AXA Group and one of the premier U.S. providers of financial protection and wealth management, in July of 2004. The MONY Group Inc. has over the years taken a huge leap and has established a very reputable position amongst the industry rating agencies with the help of its dedicated staff but more importantly because of one man named, Sam Foti, thePresident and Chief Operating Officer of The MONY Group Inc.

Samuel J. Foti joined The MONY Group in 1988 as the National Director of Agency Operations and was later promoted to the post of Executive Vice President, Insurance Operations in 1991. His contributions to the company did not go unnoticed and his efforts soon bear fruits when the company named him the President and Chief Operating Officer in 1994. 

 Samuel Foti ’s certain initiatives have brought new dimensions to the company. These include revenue saving initiatives, refocusing the direction of the company as well as spearheading the company’s Internet/Intranet (Web) and Information Technology strategies. He expanded the company’s distribution channels beyond the career agency system and brought avenues such as the Internet as one of its major distribution channels. This strategy has opened doors for numerous opportunities and has made The MONY Group Inc. one of the leading company in its industry.