Deals & People February 13, 2012
Pacific Resources Under New Ownership
Pacific
Resources—a nonmedical employee benefits advisory firm—was purchased by two of
its senior executives.
Reported by Corie Russell
Paul Barden and Paul Rogers have become principal owners of Pacific Resources and will serve as CEO and president/COO, respectively. Barden joined the company in 2000 as executive vice president. As CEO, he will lead corporate strategy, client services, legal, finance and operations. Rogers has served as executive vice president since 2004. As president/COO, he will oversee corporate strategy, product development, marketing, underwriting and distribution.
Barden
and Rogers purchased Pacific Resources from Barry Fitzmorris, who founded the
company in 1975.
Pacific Resources is headquartered in Chicago and has several locations
throughout the country.