Pacific Life Insurance Company has announced the election of James Morris, current president and CEO of the company, as the new chairman of the board of both Pacific Mutual Holding Company and Pacific LifeCorp, the parent companies of Pacific Life.
As chairman, Mr Morris succeeds Thomas Sutton, who has served as chairman of the board since 1990. Mr Sutton will remain as a director of both Pacific Mutual Holding Company and Pacific LifeCorp’s boards.
Mr Sutton said: Jim Morris has a 26-year history with Pacific Life. During this time, he has increasingly been involved and responsible for the growth of the company. The directors of our boards are impressed with Jim’s leadership style and business acumen and this appointment reflects our complete confidence in his ability to lead Pacific Life and its family of companies.