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(retired) President, Pacific Life Insurance Company
Glenn S. Schafer became a Director in December 2001 in connection with our acquisition of World-Wide Holdings from Pacific Life. Mr. Schafer retired as Vice Chairman of Pacific Life Insurance Company at the end of 2005, having joined the company in 1986. During his tenure, Mr. Schafer served as Chief Financial Officer and President and added the Vice Chairman role for the last ten months of his career at Pacific Life. Mr. Schafer began his career with Peat Marwick Mitchell and Company in 1971 and joined Alexander Hamilton Life Insurance Company in 1974, eventually rising to senior vice president and Chief Financial Officer of that organization. He joined E.F. Hutton in 1982 and worked there until his move to Pacific Life. Mr. Schafer also serves on the board of directors of Beckman Coulter, the Michigan State University Foundation and Orange County's CASA, an organization that protects the rights of disadvantaged children involved in legal dependency proceedings. Mr. Schafer graduated, magna cum laude, from Michigan State University with a Bachelor of Science degree in accounting. He received an MBA in finance, summa cum laude, from the University of Detroit in 1976 and is a CPA. | 