Pacific Current Group announced that Chief Executive Officer Tim Carver has resigned, effective April 30, 2016 in order to pursue an entrepreneurial opportunity. Mr. Carver will remain available to the company on a consulting basis as needed to provide assistance in the handover. In the interim, experienced PAC director, Tony Robinson will become executive director, focusing on the Australian business and investor relations and will become a member of the Executive Committee.

Global Chief Investment Officer Paul Greenwood will become President of North America, and have operational control of the US business. Both will report to the Board.