Pacific Life Announces Fifteen Officer Promotions to Assistant Vice President

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Pacific Life Insurance Company’s Chairman, President and Chief Executive Officer James T. Morris recently announced fifteen officer promotions to assistant vice president. The following promotions will be effective April 1, 2010.

David Chang to assistant vice president, Risk Management, Retirement Solutions Division

Mr. Chang joined Pacific Life in 1998 as a business service representative. He transferred to the Actuarial Department and progressed to become the Retirement Solutions Division’s actuarial director in 2008. In his new role as assistant vice president, Risk Management, Mr. Chang will direct the risk management team supporting Pacific Life’s variable annuity products. He will also provide input and advice to senior management regarding business projections and risk profiles. Mr. Chang, a resident of Irvine, received his bachelor’s degree in mathematics from the University of California, Irvine, and he is an associate of the Society of Actuaries and a member of the American Academy of Actuaries.

Greg Cleveland to assistant vice president, Pacific Life Academy, Corporate Division

A resident of Newport Beach, Mr. Cleveland joined Pacific Life in 1997 as an instructional designer. He was promoted to academy program director in 2000 and then to academy director in 2007. In this capacity, he has been responsible for all corporate training and employee enrichment programs and initiatives, including management/leadership development. In his new role as assistant vice president, Pacific Life Academy, Mr. Cleveland will continue to manage the design, creation, and rollout of core curriculum and customized training programs while providing the strategic guidance to best meet the training and development needs of Pacific Life’s diverse and talented employees. He received his bachelor’s degree in Asian studies and economics from St. Olaf College.

Lisa Fields to assistant vice president, Program Management, Real Estate Division

Ms. Fields was hired by Pacific Life as a real estate accounting specialist in 1995 and has since been promoted multiple times. She became the director of Program Management and Compliance in the Real Estate Division in 2008. In her new role as assistant vice president, Ms. Fields will provide strategic oversight of the division’s Treasury, Subsidiary Services, Project Management, and Compliance teams, while supporting new business development activities related to the Real Estate Division’s servicing operations. A resident of Aliso Viejo, Ms. Fields received her bachelor’s degree in business administration from California State University, Fullerton.

Kenneth Fisher to assistant vice president, Business Development, Corporate Division

Mr. Fisher, a resident of Yorba Linda, joined Pacific Life in 2000 as a product design analyst. He was promoted several times within the Life Insurance Division, ultimately to manage product research and development in 2006. He moved in 2008 to Pacific Life’s Corporate Development Department where he focused on developing high-level insurance product pricing analysis for new business opportunities, including Pacific Life Re and other reinsurance projects. In his new role as assistant vice president, Business Development, Mr. Fisher will continue to analyze and recommend product and financial solutions in response to potential business opportunities. He received his bachelor’s degree in mathematics from California State University, Long Beach.

Darlene Goodwin to assistant vice president, Information Technology, Investment Management Division

Ms. Goodwin joined Pacific Life in 1989 as an accounting specialist and over the years advanced through a variety of accounting and technology related roles. She was promoted to systems operations director in 2007 and then in 2008 became the director of application development within the Investment Management Division. In her new role as assistant vice president, Information Technology, Ms. Goodwin will lead the Application Development and System Operation groups and ensure that development, service, and support processes comply with company, regulatory, legislative, and accounting practices and requirements. A resident of Garden Grove, Ms. Goodwin received her bachelor’s degree in accounting from California State University, Long Beach.

Matthew Hansberger to assistant vice president, IT Operations, Life Insurance Division

A resident of Newport Beach, Mr. Hansberger joined Pacific Life in 1996 as a senior network analyst and worked his way up to become the Life Insurance Division’s director of IT Operations. In this role, he oversees the procurement and management of the division’s computing hardware and software, information security, technical components of disaster recovery and business resumption, and the technology help desk. He also serves as the Life Insurance Division’s information security officer with the responsibility for incorporating corporate direction on information security. In his new role as assistant vice president, IT Operations, Mr. Hansberger will continue with his current duties as he helps direct technology to support the Life Insurance Division’s business strategies. He received his bachelor’s degree in geography from California State University, San Bernardino.

Kevin Hendra to assistant vice president, Tax, Corporate Division

Mr. Hendra was hired by Pacific Life in 1992 as its corporate tax manager, and has served in various positions over the past 17 years. During the last ten years as corporate tax director, he has been responsible for tax planning, compliance, and managing IRS audits. In his new role as assistant vice president, Tax, Mr. Hendra will have increased accountability to maximize Pacific Life’s tax position. A resident of Foothill Ranch, Mr. Hendra received his bachelor’s degree in business and accounting from California State University, Long Beach, his Master in Taxation from Golden Gate University, and he is a Certified Public Accountant.

Jennifer Krumm to assistant vice president, Accounting and Reporting, Investment Management Division

Ms. Krumm, a resident of Newport Beach, joined Pacific Life in 2006 as a securities accounting manager. In this capacity, she has managed the financial accounting, reporting, and strategic planning for the Investment Management Division’s product line. In her new role as assistant vice president, Accounting and Reporting, she will continue providing strategic planning and direction of financial accounting and reporting for the Investment Management Division. This will also include developing broad plans, policies and procedures, and directing significant programs and projects within the division’s Accounting and Reporting Department. Ms. Krumm received her bachelor’s degree from the University of California, Los Angeles, her master’s degree in accounting from the University of Southern California, and is a Certified Public Accountant.

Dean Lagerborg to assistant vice president, Information Technology Services, Corporate Division

Mr. Lagerborg joined Pacific Life in 1979 as a data center computer operator. Since that time, he has held several different positions within Pacific Life’s Information Technology Services Department, ten years of which have been in management. In his current role, Mr. Lagerborg oversees Service Management, Project Management, Financial Analysis and Budget Management, Disaster Recovery, and Technical Documentation. In his new role as assistant vice president, Information Technology Services, Mr. Lagerborg will also be responsible for department-wide service strategies and oversee several of the company-wide consensus teams in which his department participates. A resident of Rancho Santa Margarita, Mr. Lagerborg completed all of his education in Sweden, which is where he grew up.

Bill Martineau to assistant vice president, Application Development, Life Insurance Division

A resident of Huntington Beach, Mr. Martineau joined Pacific Life in 1997 as an illustration quality assurance analyst and was promoted several times before assuming the role of director of Field Systems in 2008. In his new role as assistant vice president, Application Development, Mr. Martineau will lead the development and management of the Life Insurance Division’s application portfolios, which support business processes throughout the division, and will focus on aligning application technology solutions with business objectives and the overall technology direction of the Life Insurance Division. Mr. Martineau received his bachelor’s degree in mathematics and economics from the University of California, Santa Barbara.

Christian Phanco to assistant vice president, Tax Counsel, Corporate Division

Mr. Phanco joined Pacific Life in 2002 as a senior analyst for the Advanced Designs Unit in the Life Insurance Division. While there, he was promoted several times before moving to the Corporate Division as a tax counsel. He has since provided legal counsel and assistance to Pacific Life management and operating areas on product tax matters, particularly life insurance and annuity tax issues. In his new role as assistant vice president, Tax Counsel, Mr. Phanco will continue his current job duties and will be responsible for preparing submissions to the IRS on tax matters while serving as a liaison to management. A resident of Riverside, Mr. Phanco received his bachelor’s degree in political science from UCLA, his Master of Business Administration and Juris Doctor from Pepperdine University, and his Master of Laws from the University of San Diego School of Law.

Mr. Reeves was hired in 2007 as the director of Corporate Finance. He has been responsible for managing the company’s bank credit lines, analyzing capital raising alternatives, and identifying and reporting on the company’s liquidity needs. In his new role as assistant vice president, Corporate Finance, he will assess, identify, and implement sources of external financing, and oversee the Company’s institutional spread lending portfolio. Mr. Reeves, a resident of Yorba Linda, received his bachelor’s degree in business administration from Villanova University and his Master of Business Administration from Vanderbilt University.

Scott Reynolds to assistant vice president, Information Security and Business Continuity Planning, Corporate Division

A resident of Villa Park, Mr. Reynolds joined Pacific Life in 2005 as an information security consultant. In 2009, he was promoted to director of Information Security and Business Continuity Planning, and has seamlessly combined the resources and activities of these teams to achieve efficiencies. In his new role as assistant vice president, Information Security and Business Continuity Planning, Mr. Reynolds will continue to design, implement, and maintain Pacific Life’s Business Continuity Planning program and provide oversight and strategic direction on Information Security. He received his bachelor’s degree in business administration from California State University, Long Beach.

Janice Sutton to assistant vice president, Marketing & Distribution, Life Insurance Division

Ms. Sutton joined Pacific Life’s Life Insurance Division in 1998 as a training facilitator. In 2000, she was promoted to branch office employment coordinator, where she managed all aspects of personnel administration for the Branch Office staff. She was promoted once again in 2007 to regional operations director. In her new role as assistant vice president, Marketing & Distribution, Ms. Sutton will oversee the marketing operations initiatives for Pacific Life’s Regional Life Offices. A resident of San Clemente, Ms. Sutton received her bachelor’s degree in business from Webster University.

Jason Todd to assistant vice president, Credit Analysis, Investment Management Division

Mr. Todd, a resident of Ladera Ranch, joined Pacific Life in 2006 as a credit analysis manager and was promoted to director in 2007. His responsibilities include credit analysis and structuring of private placement offerings, as well as monitoring investments in Pacific Life’s portfolio. In his new role as assistant vice president, Credit Analysis, Mr. Todd will continue to play an integral role on the Investment Management Division’s investment team, with an emphasis on analyzing the credit risk of Pacific Life’s private placement securities as well as providing credit recommendations to senior management. Mr. Todd received his bachelor’s degree in finance and economics from the University of Illinois at Urbana-Champaign, his Master of Business Administration from DePaul University, and he is a Chartered Financial Analyst.

About Pacific Life

Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life also counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of April 2009 is compiled by Pacific Life using the 2009 FORTUNE 500® list.

Pacific Life Insurance Company
Tennyson Oyler, (949) 219-3248
[email protected]

Source: Pacific Life Insurance Company