Dean A. Yoost Elected to the Boards of Pacific Mutual Holding Company and Pacific LifeCorp.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Pacific Life's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jim Morris He spent most of his childhood moving to different cities. announced today that Dean A. Yoost has been elected to serve on the boards of Pacific Mutual Holding Company, the ultimate parent company of Pacific Life Insurance Company, and Pacific LifeCorp, the parent stock holding company of Pacific Life. Mr. Yoost retired as a senior partner with PricewaterhouseCoopers (PWC) in 2005, following a thirty-two year career. During this period, he lived and worked in Tokyo and Beijing for fourteen years. At his retirement, Mr. Yoost was the firm's Managing Partner in Orange County and the region leader of its advisory practice. In 2001, he was elected as a director for four years of PWC International Limited, the coordinating entity for the global network of firms of PWC. Mr. Yoost has been involved in virtually all areas of international trade and investment, and has served a number of industries, including financial services, consumer products, technology, distribution, services, and manufacturing. Mr. Yoost is currently a member of the Board of Directors of Emulex Corporation, a leading source of advanced storage networking infrastructure solutions and UnionBanCal, a NYSE-listed bank among the twenty-five largest banks in the United States. He is also a trustee of the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). , Irvine Foundation, and the Chairman of the Executive Board of the University of California, Irvine Joslin Diabetes Leadership Council. Mr. Yoost holds a bachelor's degree in accounting and graduate degrees in both business administration and business taxation. He is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . "Dean brings a breadth of knowledge to our boards. Through his experiences at PWC, he has been involved with numerous industries in both the U.S. and internationally," said Jim Morris, president and CEO. "His dedication to being an active and effective board member is evidenced by the director training programs which he has completed at the business schools of both Harvard and UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX ." Founded in 1868, Pacific Life provides 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 IMSA Illinois Mathematics and Science Academy IMSA International Motor Sports Association IMSA Insurance Marketplace Standards Association IMSA International Municipal Signal Association IMSA Illinois Mini Storage Association IMSA Institute of Marine Safety Auditors ), 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 Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. , 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[R] list as of April 2007. |
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