In the Margins

PIMCO co-founder dies

October 13, 2015

By BloombergBusiness

Walter Gerken, former chairman and chief executive of Pacific Mutual Life Insurance Co. and co-founder of PIMCO, has died at 93. Gerken led PacLife from 1975 to 1986, and he was influential in the decision to move the company to Newport Beach, Calif., from Los Angeles and also in the founding and growth of Pimco, started as a fixed-income unit of the insurer. Read the original story from BloombergBusiness.

 

 

Most Read

Top of the Agenda - Industry Groups
MFDF's Susan Wyderko to retire in 2020

Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...