February 20, 2017 12:50 PM ET

Insurance

Company Overview of Pacific Life Insurance Company

Company Overview

Pacific Life Insurance Company, together with its subsidiaries, provides various life insurance products, mutual funds, and investment advisory services in the United States. The company operates in three segments: Life Insurance, Retirement Solutions, and Aircraft Leasing. The Life Insurance segment provides various life insurance products, including universal life, variable universal life, survivor life, interest sensitive whole life, and corporate-owned life insurance, as well as traditional products, such as whole life and term life to the upper income and corporate markets. This segment distributes its products through regional life offices, marketing organizations, broker-dealer firms,...

700 Newport Center Drive

Newport Beach, CA 92660-6397

United States

Founded in 1868

Phone:

949-219-3011

Fax:

949-219-7614

Key Executives for Pacific Life Insurance Company

Chairman, Chief Executive Officer, President, Chairman of Pacific Life Corp and Chairman of Pacific Mutual Holding Company
Age: 56
Chief Financial Officer, Chief Operating Officer, Executive Vice President and Director
Executive Vice President of Corporate, Chief Executive Officer of Pacific Select Funds and Chief Executive Officer of Pacific Life Funds
Age: 65
Chief Executive Officer of Aviation Capital Group
Age: 59
Chief Executive Officer of Pacific Life Re
Compensation as of Fiscal Year 2016.

Pacific Life Insurance Company Key Developments

Pacific Life Announces Key Leadership Promotions

Pacific Life Insurance Company announced updates to its executive leadership team. Adrian Griggs, currently executive vice president and chief financial officer (CFO), has been appointed chief operating officer. Effective March 2017, Darryl Button will join Pacific Life from Aegon N.V., to serve as chief financial officer. Carol Sudbeck, senior vice president, corporate, has been appointed chief administrative officer. In his new role effective January 1, 2017, Mr. Griggs will be responsible for leading efforts to enhance the coordination of the company’s Life Insurance Division and Retirement Solutions Division, including growth, innovation, customer strategies, and operational efficiencies. A part of his focus will be to look to leverage synergies between the company’s retirement and life insurance product lines. Additionally, he will continue his focus on growing the asset management business through Pacific Asset Advisors LLC. Effective January 1, 2017, Ms. Sudbeck will oversee all non-financial corporate areas, including legal, human resources, facilities, corporate information technology, brand management, and public affairs. In this role, she will be responsible for enhancing service levels to Pacific Life’s divisions, increasing coordination within areas, operational efficiencies, and building out capabilities within each of the functional areas.

Pacific Life Insurance Company Announces Management Changes, Effective January 1, 2017

Pacific Life Insurance Company announced Dawn Trautman, senior vice president, product and strategy management, will succeed Rick Schindler as leader of the company’s Life Insurance Division, effective January 1, 2017. As executive vice president, Ms. Trautman will continue to focus on the growth and profitability of the Life Insurance Division, while continuing expansion efforts in core and new markets. She joined the company in 2001 as a program manager in the Life Insurance Division, where she has held a wide array of senior management roles with increasing responsibility over the last several years.

Pacific Life Insurance May Float Minority Stake In Aviation Capital Group

Pacific Life Insurance Company has said that it may float a minority stake in Aviation Capital Group Corp.

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