April 18, 2014 9:56 PM ET

Insurance

Company Overview of Pacific LifeCorp

Company Overview

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

United States

Founded in 1997

Phone:

949-219-3011

Fax:

949-759-1772

Key Executives for Pacific LifeCorp

Chairman
Age: 53
Chief Financial Officer and Executive Vice President
Age: 56
Senior Vice President of Real Estate Investments
Compensation as of Fiscal Year 2013.

Pacific LifeCorp Key Developments

Pacific LifeCorp Announces Pricing of Private Placement of $500 Million Aggregate Principal Amount of 5.125% Senior Notes Due 2043

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

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.

Pacific LifeCorp Elects Christopher D. Furman to its Board

Pacific LifeCorp announced that Christopher D. Furman, President and Chief Executive Officer of Ventura Foods, LLC, has been elected to its board. Mr. Furman joined Ventura Foods in 2009 as president & chief executive officer. Prior to joining Ventura Foods, Mr. Furman worked at PepsiCo Inc. for more than 20 years in a variety of leadership roles, and finished his career at PepsiCo as president of the Foodservice Division.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Pacific LifeCorp, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.