Sam Foti is the president and the chief operating officer of a financial services holding company called MONY group Inc offering asset accumulation, protection and retail brokerage products and services through its member companies. Being the president and chief operating officer the role of Samuel J. Foti is to take care of the sales, finance and other operational functions.
The responsibilities of Samuel Foti is not limited to the functions but he also has to devise effective strategies to diversify and expand the company’s distribution channels to make the company well known and achieve success in the industry. With designing effective strategies, he expanded the company from career agency system to include other avenues like internet. He designed and executed strategies or plans for information technology and company’s internet/intranet. He also implemented various revenue savings programs in order to save company costs like the retirement program and a decline in sales force related cost. He achieved success in the firm and is holding a respected position now due to his vast experience, exposure and effective strategies. He made the firm gain market share and improve its standing in the industry through devising beneficial and meaningful strategies.