He will report to Douglas Hodge, Managing Director and PIMCO’s Chief Executive Officer. Mr. Mogelof will continue to serve as a member of PIMCO’s Executive Committee, the governing body that sets policy and strategic direction for the firm.

“Eric’s appointment underscores PIMCO’s commitment to the Asia Pacific region and our focus on delivering superior investment results and world class service. He will play a key leadership role in the next phase of these ongoing efforts,” said Mr. Hodge.

Said Mr. Mogelof, “Asia Pacific is a vitally important region for PIMCO. The investment landscape PIMCO has characterized as the New Neutral presents significant opportunities and risks for the region. We are committed to helping our clients navigate this environment by delivering unique investment solutions.”

Mr. Mogelof joined PIMCO in 2003, and has demonstrated leadership across several key areas of the firm. Previously, he was Head of Americas Institutional Business and Global Head of PIMCO Advisory. Mr. Mogelof will relocate from New York to Hong Kong in August 2014.

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