Company Overview of Pacific LifeCorp
Pacific LifeCorp, through its subsidiaries, provides individual life insurance, variable annuities, and investment products. The company was incorporated in 1997 and is based in Newport Beach, California. Pacific LifeCorp operates as a subsidiary of Pacific Mutual Holding Company.
700 Newport Center Drive
Newport Beach, CA 92660-6307
Founded in 1997
Key Executives for Pacific LifeCorp
Chief Financial Officer and Executive Vice President
Senior Vice President of Real Estate Investments
Compensation as of Fiscal Year 2014.
Pacific LifeCorp Key Developments
Pacific LifeCorp Announces Pricing of Private Placement of $500 Million Aggregate Principal Amount of 5.125% Senior Notes Due 2043
Jan 17 13
Pacific LifeCorp announced the pricing of $500 million aggregate principal amount of 5.125% senior notes due 2043. The notes have been offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended, and outside the United States in accordance with Regulation S under the Securities Act. The company plans to use the net proceeds of the private placement in connection with the previously announced tender offer by Pacific Life Insurance Company for its 9.25% Surplus Notes due 2039 and for general corporate purposes. The notes have not been registered under the Securities Act or under any state securities laws. Therefore, the company may not offer or sell the notes within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws.
Pacific LifeCorp Announces Executive Changes
Aug 23 12
Pacific LifeCorp announced that T. Anthony Premer has been promoted to senior vice president of Real Estate Investments, effective January 1, 2013. Mr. Premer will succeed Michael Robb who will be retiring at the end of the year after a successful 36-year career with Pacific Life. In his new role, Mr. Premer will be responsible for managing the company's portfolio of real estate debt and equity investments which, together with assets serviced for third parties, totals over $28 billion. As part of this succession, Mr. Premer will report to Khanh Tran, Pacific Life's president. Mr. Premer joined Pacific Life in 1993 and most recently has been serving as senior vice president, Real Estate Finance.
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