NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life Insurance Company’s Chairman and Chief Executive Officer James T. Morris recently announced ten assistant vice president promotions. The following promotions will be effective April 1, 2015.
Darrell Dell’Andrea, FLMI, CLU, to assistant vice
president, Compliance, Retirement Solutions Division
Mr. Dell’Andrea joined Pacific Life in 1996 as a compliance manager in the Retirement Solutions Division and was promoted to director in 2002. He is responsible for managing the consumer relations compliance unit which includes negotiating compliance-related settlements and resolutions, customer complaints and escalation, subpoena and litigation inquiries and responses, anti-fraud special investigative unit, and the delivery of regulatory compliance and regulatory affairs services and support. In his new role, Mr. Dell’Andrea will also oversee the product compliance unit. His responsibilities will include active involvement in the product development process, management of all form filing initiatives with regulators, and the issuing of approved contracts in accordance with the terms of sale and regulations. Mr. Dell’Andrea lives in Irvine and received a bachelor’s degree in history from Cleveland State University.
Dominic Faso to assistant vice president, Treasury & Investment
Operations, Corporate Division
Mr. Faso, a resident of Aliso Viejo, joined Pacific Life in 1997 as a business service representative. Over the years, Mr. Faso advanced through a variety of cash management and investment analysis-related roles. In 2007 he was promoted to director of Treasury, a role that was further expanded in 2011 to include the Investment Management Operations department. In this role he is responsible for planning, developing, prioritizing and leading five departments within Corporate Treasury. As assistant vice president, Mr. Faso will support the treasurer and assistant treasurer in representing Treasury in all capacities covering internal initiatives, as well as external presentations and negotiations with banks, broker dealers, vendors and financial institutions, in addition to overseeing Investment Operations, Treasury Control Operations, Treasury PMO, Travel & Expense Reimbursement, and Vendor Management teams. Mr. Faso has a bachelor’s degree in business/finance from Western Illinois University in Macomb, Illinois.
Gordon Grant to assistant vice president, Financial and Capital
Markets, Aviation Capital Group
Mr. Grant joined Pacific Life in 2010 as director, Commercial Aviation Economic Analysis, for Aviation Capital Group (ACG). He has been responsible for building out the Economic Analysis function for ACG as well as capital market transactions, investor relations, rating agency management, and pricing validation. In 2014, he expanded his role in building out the analytics function by developing modeling capabilities that are used in all facets of the economic analysis. As assistant vice president, Financial and Capital Markets, Mr. Grant will continue his responsibilities for developing and overseeing ACG’s economic analysis, pricing and capital market-related functions. Mr. Grant has an honours degree majoring in Financial Accounting from the University of South Africa and has held the accreditation of Certified Treasury Professional since 2007. He lives in Newport Beach.
Mark Karpe, JD, to assistant vice president, Counsel, Corporate
Mr. Karpe joined Pacific Life in 2004 as a compliance consultant in the Corporate Division and was promoted to director, Corporate Compliance, in 2005. In 2013, he transferred into an attorney consultant role in the Office of the General Counsel. In this role, Mr. Karpe was responsible for regulatory issues relating to Pacific Select Fund and Pacific Funds, including legal research, legal opinions, board materials, and matters related to regulatory filings. As assistant vice president, Counsel, Mr. Karpe will continue to have direct responsibility and oversight for regulatory issues relating to the Pacific Select Funds and Pacific Funds. He lives in Irvine and received his Juris Doctor from the Hofstra University School of Law. Mr. Karpe has a bachelor’s in economics from Binghamton University in New York. He is a member of the bars of California, New York and Massachusetts.
William (Scott) Marshall to assistant vice president,
Portfolio Management, Corporate Division
Mr. Marshall joined Pacific Life in 2001 as a securities operations analyst and was promoted several times before assuming the role of portfolio manager in 2007. In this role, Mr. Marshall is responsible for the daily management of the new issue workflow from investment grade and emerging market bonds and is also actively involved in the development and execution of investment strategy. As assistant vice president, Portfolio Management, Mr. Marshall will continue trading investment-grade, emerging-market and high-yield bonds, as well as conducting portfolio analysis aligning asset purchases with cash and duration needs. Mr. Marshall is a resident of Oceanside and has a bachelor’s degree from San Diego State University in business administration/finance.
Mark McNeill, CFA, to assistant vice president, Investments,
Mr. McNeill joined Pacific Life in 2007 as an investment consultant with Pacific Life Fund Advisors (PLFA) and was promoted to director, Investments, in 2010. In this role, Mr. McNeill is responsible for leading the investment manager oversight function for the Pacific Select Fund and Pacific Funds. His responsibilities include generating key investment decisions for the PLFA-managed strategies and providing investment expertise to drive company-wide initiatives. As assistant vice president, Investments, Mr. McNeill will continue to provide investment management expertise for the Pacific Select Fund and Pacific Funds, as well as develop investment strategies and fund manager recommendations for these portfolios. He is a graduate of the University of California, Riverside, with a bachelor’s degree in business administration. Mr. McNeill lives in Rossmoor.
Kathleen Melgar to assistant vice president, Product Delivery,
Retirement Solutions Division
Ms. Melgar started at Pacific Life in 1980 serving in varying project management roles. After leaving the company, she returned in 2011 as director of Institutional Products and Mutual Funds Technology Services for the Retirement Solutions Division. Ms. Melgar has responsibilities that include planning, organizing, directing and overseeing the implementation of technology solutions in support of the Retail Annuity, Mutual Fund, and Institutional and Structured product areas of the Retirement Solutions Division, most recently assuming the responsibility for Product Delivery. As assistant vice president, Product Delivery, Ms. Melgar will have direct responsibility and oversight of all aspects of analyzing and delivering competitive business applications and related technology services to the entire Retirement Solutions Division product suite. Ms. Melgar lives in Costa Mesa.
Robert Salley, Ed.D., to assistant vice president, Organizational
Effectiveness, Corporate Division
Dr. Salley joined Pacific Life in 2008 as a talent & organizational development consultant and was promoted to director of Organizational Effectiveness in 2011. Dr. Salley provides organizational design and development expertise in assisting leaders in defining their strategies and aligning their organizational structures to these strategies. In his new role, Dr. Salley will continue to provide expertise in organizational design and effectiveness as well as further develop the Organizational Effectiveness curriculum, standards, and tools used across the HR Business Partner function. Dr. Salley is a resident of Chino. He received his Doctorate of Education in organizational effectiveness from Pepperdine University, a master’s of business administration focusing on Human Resources Management from the Florida Institute of Technology, and a bachelor’s degree from the United States Military Academy at West Point, NY.
Tarun Varma, CFA, to assistant vice president, Economic Capital
Management, Corporate Division
Mr. Varma, a resident of Huntington Beach, joined Pacific Life in 2008 as a senior market & credit risk analyst in the Corporate Division’s Enterprise Risk Management department and was promoted in 2012 to director, Market & Credit Risk. In this role, he leads the company-wide efforts in the development and ongoing reporting for economic capital, including economic capital determination, allocation, pricing, and model development for Pacific Life and its divisions and subsidiaries. As assistant vice president, Market & Credit Risk, Mr. Varma will continue to lead the research, measurement, and management of economic capital to promote its expanded use as an important management tool for decision-making within the company. He has a master’s degree in finance from University of Maryland and a master’s of business administration from the Robert H. Smith School of Business, University of Maryland. Mr. Varma received his bachelor’s degree in computer science from the University of Delaware.
Nicholas Weber, FSA, CERA, to assistant vice president, Senior
Quantitative Strategist, Retirement Solutions Division
Mr. Weber joined Pacific Life in 2013 as an actuarial director in the Retirement Solutions Division, and assumed leadership of the division’s asset and liability management (ALM) team in 2014. He is responsible for the risk management and ALM of fixed annuities and institutional products in the Retirement Solutions Division, assessing and managing actuarial, financial and investment/capital market risks, and fixed indexed products hedging for general account lines of business. As assistant vice president, Senior Quantitative Strategist, Mr. Weber will continue to lead risk management for the Retirement Solutions Division’s growing fixed products line in an expanded leadership role. Mr. Weber is a graduate of the University of Iowa with a bachelor’s degree in actuarial science and applied mathematics and is currently a resident of Newport Beach.
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 counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit www.PacificLife.com.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2014 is compiled by Pacific Life using the 2014 FORTUNE 500® list.