A large West Coast life insurer is planning for changes in its executive suite.
Pacific Life Insurance Company, Newport Beach, Calif., says James Morris, 46, will succeed Thomas Sutton, the company’s chairman and chief executive officer, as CEO in April 2007.
Sutton will continue to be the chairman of the company, Pacific Life says.
Sutton started at Pacific Life as an actuarial trainee in 1963, and he has been the company’s chairman and CEO since January 1990.