Pacific Life Insurance Company announced today that Jason Rosiak and Donna Riley Bebb have joined its affiliate, Pacific Asset Management. Mr. Rosiak will become a senior managing director of the organization, with responsibility for overseeing Pacific Asset Management's portfolio management activities, including high yield bonds, leveraged loans, and structured products. Ms. Bebb will join as a director with responsibility for analyzing potential investment opportunities.
Mr. Rosiak has held senior positions at UBS Investment Bank and PIMCO. Mr. Rosiak is an investment professional with over 15 years experience in corporate and asset backed securities on both the buy-side and sell-side. He has been involved with structuring, marketing, and management of 21 CDOs and several closed end products. In addition, he has served on and moderated several industry panels on Bank Loans and Collateralized Debt Obligation portfolio management. Mr. Rosiak holds a bachelor's degree in economics from the University of California, Los Angeles and a master's degree in business administration from the Marshall School of Business at the University of Southern California.
Ms. Bebb will be a member of the Pacific Asset Management investment team. Prior to joining Pacific Asset Management, Ms. Bebb was a Senior Vice President at PIMCO, where she was responsible for investment grade, high yield, leveraged loans, and convertibles covering the energy, paper and packaging sectors. Ms. Bebb holds a bachelor's degree in risk management from Temple University and a master's degree in business administration from the Kellogg School of Management at Northwestern University.
"Mr. Rosiak and Ms. Bebb are strong additions to Pacific Asset Management, which is Pacific Life's new business initiative focused on structured credit products. Mr. Rosiak's leadership and proven expertise will further enhance our platform. In addition, Ms. Bebb brings strong analytical skills and valuable investment experience to the investment team," commented Mark Holmlund, executive vice president and chief investment officer for Pacific Life.
Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.1 Pacific Life counts more than half of the 50 largest U.S. companies as clients2 and is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life, including its current financial strength ratings from A.M. Best, Fitch Ratings, Standard & Poor's, and Moody's, visit the company Web site at www.PacificLife.com.
1 Product features and availability vary by state.
2 Data compiled by Pacific Life using the FORTUNE 500® list as of April 2007.