Leadership Team

Kirby Brown

Kirby Brown

President and Chief Executive Officer

Kirby has been President and Chief Executive Office of Beneficial Life Insurance Company since February of 2010. He joined Beneficial as the Chief Investment Officer in April of 2008. His investment management experience extends over 26 years, including over 13 years in senior positions with ING. He was appointed Deseret Management Corporation's (parent company of Beneficial) Chief Financial Officer in August of 2010 concurrent with his role at Beneficial. At ING, Kirby was the Head of Investment Process and Risk Management for ING Investment Management Americas where he was responsible for fixed income and equity investment management processes for third party portfolios. Prior to that role, Kirby was Senior Vice President and Managing Director of ING Investment Management, Canada leading the overall investment efforts in Canada. For over three years, he served as Head of Proprietary Advisory Services and Director, Portfolio Management, Regional Management Europe in the Netherlands. Kirby joined ING Investment Management in 1994 as Vice President and Senior Portfolio Manager. He was head of Trading Research and Funds Management for Koch Industries, Inc. and a portfolio manager for MetLife Investment Management Corporation. He received his M.B.A. from the Marriott School of Management, Brigham Young University, and his B.A. from Brigham Young. Kirby holds the Chartered Financial Analyst (CFA) designation and has held the Series 7 (Securities Agent), 24 (Principal) and 63 (Commodities Futures and Options) securities licenses.

J. David Pearce

David Pearce

Senior Vice President, General Counsel and Corporate Secretary

David Pearce has served as Senior Vice President, General Counsel and Corporate Secretary for Beneficial Life Insurance Company since 2008. He joined Beneficial's legal department in 2005, and has also served as Chief Compliance Officer since 2007. In 2010, David was named a Senior Vice President. David also serves as legal counsel for Deseret Management Corporation, the parent of Beneficial. Prior to joining Beneficial, David was a shareholder with Fabian & Clendenin, a Salt Lake City law firm. At Fabian, David's practice focused on commercial litigation, where he represented clients before state and federal courts. David has repeatedly been voted by his peers as one of Utah's Legal Elite. David received his juris doctorate from the University of Utah College of Law, where he was an editor on the Utah Law Review. He received his B.S. from Brigham Young University.

Doug Hancock

Doug Hancock

Senior Vice President and Chief Financial Officer

Doug has been Senior Vice President and Chief Financial Officer at Beneficial Life Insurance Company since 2008. During his tenure as CFO, he has had responsibility for various departments, including financial reporting (statutory and GAAP), reinsurance, actuarial valuation, and risk management. Doug joined Beneficial as the Controller in 1998. His financial reporting experience extends over 25 years, including an Audit Manager position for Deseret Management Corporation from 1989 – 1998, an Internal Auditor from 1987 – 1989 and public accounting for 5 years where he focused on business financial reporting and small business and individual taxation. Doug earned his M.S.F.S. in Science of Financial Services from The American College, Bryn Mawr, PA and his B.A. from Weber State University. His designations include Certified Public Accountant (CPA), Chartered Financial Consultant (ChFC), Chartered Life Underwriter (CLU), Fellow, Life Management Institute (FLMI) and Associate, Insurance Accounting and Finance (AIAF).

Cary Ripplinger

Vice President and Chief Information Officer

Cary Ripplinger has been in the IT industry for over 25 years and is currently serving as the CIO for Deseret Management Corporation and Beneficial Financial Group, headquartered in downtown Salt Lake City, Utah. He has held this position since 2009 with prior experience at Beneficial as the Director of Application Development, the Project/Program Office and Director of the IT Help Desk, which he established in 1998. Prior to working with the Deseret Management Corporation and Beneficial, Cary spent 15 years in various management roles with American Express Company, where he served as the Manager of New Product Development, Manager of Business Systems Coordination, and Team Lead in the Card and Travelers Cheque Divisions. Cary received his PMP (Project Management Professional) Certification from the Project Management Institute and he is a current board member of AIM Utah, the Association for Information Management, and past president of the Utah Chapter of the Society for Information Management (SIM). Cary received his M.B.A. while working at American Express from the University of Phoenix. He received a B.A. from Brigham Young University.

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