NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life Insurance Company today announced Dawn Trautman, senior vice president, product and strategy management, will succeed Rick Schindler as leader of the company’s Life Insurance Division, effective January 1, 2017.

As executive vice president, Ms. Trautman will continue to focus on the growth and profitability of the Life Insurance Division, while continuing expansion efforts in core and new markets. She joined Pacific Life in 2001 as a program manager in the Life Insurance Division, where she has held a wide array of senior management roles with increasing responsibility over the last several years.

“Dawn’s strong leadership abilities, disciplined focus and ability as a business leader to partner across and influence the entire organization make her ideally suited to this role,” said Jim Morris, Pacific Life chairman, president and CEO.

Mr. Schindler has had a successful career spanning more than 26 years with Pacific Life, including the last three years as leader of the Life Insurance Division. He will transition into an advisory role with a focus on innovation and distribution strategy, until his planned retirement in December 2017.

“Under Rick’s stewardship, the Life Insurance Division embarked on a significant effort to build out organizational and leadership capabilities while pursuing growth initiatives in new markets,” said Mr. Morris. “We thank Rick for his many years of exemplary service and look forward to his continued contributions in a consultative capacity. Moving forward, the board and I have full confidence in Dawn to continue our positive momentum in growing our life insurance business.”

Pacific Life’s Life Insurance Division offers solutions to individuals, families, and businesses to help them reach their goals for financial protection and supplemental retirement income through life insurance. Pacific Life is the largest seller of indexed universal life and universal life insurance.¹

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 clients. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2016 is compiled by Pacific Life using the 2016 FORTUNE 500^® list.

¹ As of 12/31/2015. Life insurance rankings are from the 2015 Confidential Annual Sales Survey of Participating Companies by LIMRA International. Pacific Life Insurance Company sales are based on planned recurring premiums as measured against 81 participating companies.