Pacific Life Announces Promotion of Mary Ann Brown to Executive Vice President, Corporate Development; Six Other Officers Promoted to Senior Level Management Positions

NEWPORT BEACH, Calif.--(EON: Enhanced Online News)--Pacific Life Insurance Company’s Chairman, President and Chief Executive Officer James T. Morris announced the promotions of Mary Ann Brown to executive vice president, Corporate Development; Tom Gibbons to senior vice president, Corporate Tax; Denis Kalscheur to senior vice president and treasurer; Philip Teeter to senior vice president, Technology and Operations, Annuities & Mutual Funds Division; Dawn Trautman to senior vice president, Information Technology and Strategic Planning, Life Insurance Division; Gregory Keeling to vice president, Finance, Annuities & Mutual Funds Division; and Katharine Brandt Young to vice president, Valuation and Risk Management, Life Insurance Division. The promotions will be effective April 1, 2010.

Ms. Brown joined Pacific Life in 2005 as senior vice president, Finance and Product Development in the Life Insurance Division before moving to oversee Corporate Development in 2006. As executive vice president, Ms. Brown will be responsible for overseeing the Pacific Select Funds and Pacific Life Funds as CEO of those entities. She will also assume management of the Corporate Technology area and will support risk management initiatives in the Annuities and Mutual Funds Division. She will maintain her responsibilities for the Business Development Unit, Information Technology Services, and for Pacific Life Re, based in London. She received her B.A. and M.A. from Emory University, her M.A.S. from Georgia State University, and is a Fellow of the Society of Actuaries. Ms. Brown is a resident of Laguna Beach.

A resident of Newport Beach, Mr. Gibbons joined Pacific Life in 2004 as vice president, Tax. He has been responsible for overseeing and directing tax strategy, reporting, and compliance for Pacific Life and its subsidiaries. As senior vice president, Mr. Gibbons will continue to develop tax strategies for Pacific Life and will also oversee Vendor Management, Information Security, and Business Continuity. He received a B.S. from Widener University and is a licensed C.P.A. in the state of California.

Mr. Kalscheur joined Pacific Life in 2007 as vice president, Corporate Treasury, with responsibilities for banking, corporate debt, liquidity and cash management, accounts payable, GICs, Synthetic GICs, funding agreements, and corporate travel. As senior vice president, Mr. Kalscheur will continue his current responsibilities and will also oversee financial planning and budgeting, as well as provide overall management direction for College Savings Bank as the bank’s chairman. A resident of Newport Beach, Mr. Kalscheur received his B.B.A. and M.B.A. from the University of Wisconsin-Madison.

Mr. Teeter, a resident of Laguna Beach, joined Pacific Life in 1998 as assistant vice president, Technology for the Annuities and Mutual Funds Division. Promoted to vice president in 2000, his responsibilities include providing strategic and tactical guidance and direction for the division’s technology resources as well as helping set short and long-term objectives for the division. In his new role, Mr. Teeter will be responsible for both the Technology and Operations Departments in the Annuities and Mutual Funds Division, a reflection of the increasing collaboration and partnership between these key areas. He received a B.S. from San Jose State University.

A resident of Aliso Viejo, Ms. Trautman originally joined Pacific Life in 2001 as a program manager in the Life Insurance Division, progressing to the role of assistant vice president, Marketing Operations. After leaving Pacific Life for a brief period, she returned to Pacific Life in 2006 as vice president, Information Technology and Program Management within the Life Insurance Division. Since that time, she has been responsible for setting the strategic direction and leading initiatives, goals, and objectives for the division’s Information Technology, Sales and Marketing Operations, and Project Management Office Departments. In her new role as senior vice president, she will continue to lead the division’s information technology, program and project management, case design, and strategic planning functions as well as have an increased leadership role in all major initiatives and decisions for the Life Insurance Division. Ms. Trautman received a B.S. from Penn State University and an M.B.A. from Lehigh University.

Mr. Keeling joined Pacific Life in 1999 as a financial analyst in the Annuities and Mutual Funds Division, eventually progressing to the role of assistant vice president, Finance in 2007. In his new role as vice president, Mr. Keeling will manage and direct accounting and finance functions for the Annuities and Mutual Funds Division, as well as directing the Valuation reporting functions. In addition, he will assist with setting business objectives for the division. Mr. Keeling was also recently named chief financial officer of Pacific Select Distributors, a subsidiary of Pacific Life Insurance Company. A resident of Corona del Mar, Mr. Keeling received a B.S. from California Polytechnic State University, San Luis Obispo.

Ms. Young joined Pacific Life in 2001 as assistant vice president, Life Statements and Valuation within the Life Insurance Division. Her current responsibilities include all aspects of GAAP, SAP, and TAX Valuation and related actuarial support as well as developing and coordinating all of the division’s risk management activities. In her new role as vice president, Ms. Young will continue to manage the life valuation process, as well as develop risk management procedures to provide a comprehensive understanding of actuarial strategies and issues to support decision-making within the Life Insurance Division. Ms. Young received her B.S. from the University of Texas at Austin, her M.A. from the University of California, Santa Barbara, and is a Fellow of the Society of Actuaries. She is a resident of Fountain Valley.

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.