NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life announced today that Peter J. Taylor, former CFO of the University of California and current president of ECMC Foundation, has been elected to the board of Pacific Mutual Holding Company, the ultimate parent company of Pacific Life Insurance Company. His election is effective June 1, 2016.
Mr. Taylor became President of ECMC Foundation in May 2014. Based in Los Angeles, the Foundation’s mission is to inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations. Prior to joining the ECMC Foundation, Mr. Taylor spent five years serving as the chief financial officer of the University of California. In that role, he oversaw the financial management for the entire $25 billion institution, which included ten campuses, five academic medical centers, and other academic research facilities. Mr. Taylor began his professional career in the investment banking industry, with nearly 16 years in municipal finance banking for Lehman Brothers and Barclays Capital.
Mr. Taylor is also active in the community, currently serving on the Board of Trustees of the California State University system. He also serves on the boards of Edison International, the Kaiser Family Foundation, the Ralph M. Parsons Foundation, the California Community Foundation, and the J. Paul Getty Trust.
“Peter brings significant additional financial and investment expertise to our board, as well as rich experience operating within sophisticated organizations,” said Jim Morris, chairman, president and CEO of Pacific Life. “We look forward to having his insight on our board.”
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, go to www.PacificLife.com.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2015 is compiled by Pacific Life using the 2015 FORTUNE 500® list.