What is the story about?
What's Happening?
Pacific Life has announced the appointment of Gary Godin and Sean McCartney as senior vice presidents to jointly lead its Workforce Benefits business. Godin, who joined Pacific Life in 2022, has extensive experience in employee benefits, having worked with Unum and New York Life Group Benefit Solutions. McCartney, who joined in 2024, previously held leadership roles at Principal Financial Group. The appointments follow the departure of Erich Sternberg, who led the company's entry into the employee benefits market. Under Sternberg's leadership, the business established a strong operational foundation.
Why It's Important?
The leadership change at Pacific Life's Workforce Benefits business is crucial as the company addresses the growing demand for retirement income solutions. With a record number of Americans reaching retirement age, the need for innovative employee benefits is more pressing than ever. Godin and McCartney's combined expertise in the industry positions Pacific Life to enhance its offerings and maintain its competitive edge. Their leadership is expected to drive growth and innovation, benefiting both clients and employees by providing comprehensive benefits solutions.
What's Next?
Pacific Life is expected to continue building on its strong foundation in the Workforce Benefits sector, focusing on digital-first client and broker platforms. The company aims to deliver innovative products and solutions, ensuring long-term growth and success. The leadership transition may lead to new strategies and initiatives to further strengthen Pacific Life's position in the employee benefits market.
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