Sam Foti joined The MONY Group Inc. in 1994, after having years of experience in the financial service industry backed up with good educational qualifications. He has ever since transformed business processes at the company and single-handedly revised company strategies. He is overlooking company operations, sales, and finances, and also handling subsidiaries.
Samuel J. Foti has restructured distribution, the product mix, and the Information Technology processes at the company. Many of the Group’s subsidiaries also report to him. One such subsidiary is the Enterprise Capital Management, founded in 1997 and based in Toronto, Ontario. The firm uses long/short equity strategy for its investments. For its portfolios it employs a risk arbitrage approach. The firm also acquires voting positions and board seats in the invested companies, depending upon the situation.
Besides other accomplishments, Samuel Foti oversaw the creation and expansion of the company’s Enterprise Strategies group. This enabled the company to distribute through wholesalers and led to the transformation of MONY’s distribution network. He also successfully implemented a strategy to reposition the company’s investment portfolio by reducing the exposure to mortgage loans and up gradation of management of the equity real estate portfolio.