NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life at the moment introduced Jay Orlandi as its subsequent common counsel, efficient November 2.
Orlandi joins Pacific Life from Transamerica, the place he served as government vp and chief working officer (COO), with duty for all enterprise help features, together with authorized, communications, human assets, company improvement, mergers and acquisitions, technique, information analytics, data safety, and advertising and marketing. As well as, he lately served because the appearing CEO for the corporate’s Particular person Options enterprise together with life and long-term care insurance coverage, fastened and variable annuities, and mutual funds.
Orlandi brings greater than 20 years of authorized expertise to Pacific Life, incomes his Bachelor of Arts diploma from the College of Pennsylvania and his J.D. from Southwestern College. He started his profession in non-public apply with the Los Angeles agency of Barger & Wolen, spending 5 years dealing with insurance coverage regulatory and sophisticated enterprise litigation issues. At Transamerica, he spent 4 years as common counsel earlier than being promoted to chief authorized and administrative officer in 2018 and to chief working officer in 2019.
“Jay’s deep information of the insurance coverage business coupled along with his sturdy governance and regulatory background make him particularly well-suited to function our subsequent common counsel,” stated Pacific Life Chairman, President and CEO Jim Morris. “As well as, his operational background and expertise as a trusted counselor with senior leaders and board members will function a useful asset as we proceed with our transformational efforts at Pacific Life.”
Orlandi succeeds Sharon Cheever, following her deliberate retirement after a distinguished profession at Pacific Life spanning 4 many years. She started at Pacific Life in 1986 as an assistant vp in Funding Legislation, was promoted to vp of Funding Counsel in 1992, and was appointed as common counsel in 2008.
Cheever’s previous achievements embody authorized oversight for the formation of PIMCO Advisors LP, the sale of PIMCO Advisors LP to Allianz, the acquisition of Aviation Capital Group (ACG), and its subsequent sale. She was acknowledged as an influential company counsel incomes the excellence of 2019 Prime Company Counsel Girls, and California Prime 50 Legal professionals by the California Variety Counsel in 2017. She additionally represented her friends as chair of a number of main skilled associations, together with the Affiliation of Life Insurance coverage Counsel.
“Throughout her tenure at Pacific Life, Sharon and her workforce constructed a highly-regarded authorized group that has endorsed our enterprise areas on all kinds of complicated authorized, legislative and enterprise points, serving to us grow to be a number one life insurer in our business,” stated Morris. “She has been a trusted supply of help and recommendation, and has used her knowledge and expertise to signify our pursuits in numerous enterprise, M&A, legislative and authorized issues. I want Sharon all one of the best in her much-deserved retirement.”
About Pacific Life
For greater than 150 years, Pacific Life has helped thousands and thousands of people and households with their monetary wants by a variety of life insurance coverage merchandise, annuities, and mutual funds, and affords quite a lot of funding services to people, companies, and pension plans. Whether or not your objective is to guard family members or develop your belongings for retirement, Pacific Life affords revolutionary services that present value and monetary safety for present and future generations. Pacific Life counts greater than half of the 100 largest U.S. corporations as its shoppers and has been named one of many 2020 World’s Most Moral Firms® by the Ethisphere Institute. For added firm data, together with present financial- power scores, go to www.PacificLife.com.
Pacific Life refers to Pacific Life Insurance coverage Firm and its associates, together with Pacific Life & Annuity Firm. Shopper rely as of June 2020 is compiled by Pacific Life utilizing the 2020 FORTUNE 500® record.