||For Immediate Release|
Pacific Life Names T. Anthony Premer
Senior Vice President of Real Estate Investments
Newport Beach, Calif. (August 23, 2012) - Pacific Life announced today that T. Anthony Premer has been promoted to senior vice president, Real Estate Investments, effective January 1, 2013. Mr. Premer will succeed Michael Robb who will be retiring at the end of the year after a successful 36-year career with Pacific Life.
Mr. Premer joined Pacific Life in 1993 and most recently has been serving as senior vice president, Real Estate Finance. During his tenure with Pacific Life, he has participated in the origination of commercial real estate debt assets exceeding $22 billion, including real estate capital markets transactions exceeding $10 billion. In his new role, Mr. Premer will be responsible for managing the company's portfolio of real estate debt and equity investments which, together with assets serviced for third parties, totals over $28 billion. As part of this succession, Mr. Premer will report to Khanh Tran, Pacific Life's president.
Mr. Premer serves on the Advisory Board of the UCI Center for Real Estate, is a member of the National Association of Real Estate Investment Trusts, and a member of the Urban Land Institute. He is a CPA (inactive) and holds a bachelor's degree in business administration from California State University, Fullerton.
"The wealth of experience that Tony brings to his new role managing Pacific Life's real estate investments will be a great asset to our company in the years to come," said Jim Morris, Pacific Life's chairman and CEO. "Tony's proven organizational skills and deep knowledge of the industry, as well as his ability to build relationships, make him ideally suited to this leadership role."
Morris continued, "Mike has overseen the tremendous growth of Pacific Life's real estate investment operations since 1985 and he has helped Pacific Life skillfully navigate challenging market cycles while actively pursuing unique investment opportunities. These skills, along with his intuition, energy, and passion were major contributions to the success of our Real Estate Division."
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 its clients. For additional company information, including current financial strength ratings, visit the About Pacific Life section of this website.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of May 2012 is compiled by Pacific Life using the 2012 FORTUNE 500® list.