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Pacific Capital Group hires Jimmy Delshad as vice chairman and managing director

Jimmy Delshad, Mayor of Beverly Hills, California, has joined Pacific Capital Group as vice chairman and managing director.



Pacific Capital Group is an investment group based in Los Angeles.

Gary Winnick, chairman and chief executive of Pacific Capital Group, says: "Jimmy Delshad is an internationally recognised authority on the use of advanced ‘smart’ technologies in city management and law enforcement to dramatically improve life, services and safety in the community. Beverly Hills has implemented Mayor Delshad’s smart-system innovations, pioneering a path to achieving efficiencies that can be applied to government at every level. We are happy that one of the nation’s leading experts in this growing field is joining our firm."

Delshad says: "During a 30-year career in venture capital, Gary Winnick has been able to see ahead with great clarity, participating in the transformation of industry after industry – from finance to telecommunications and beyond. I believe he sees, as I do, that it is now time to apply those convergent technologies – so-called smart systems bringing together sensors, networks, communications and computerization – to the public sector. I am very happy to continue my role in that revolution by joining Pacific Capital Group."

Delshad created and promoted the Smart City Initiative in the City of Beverly Hills during his tenure on the City Council and as the city’s two-term Mayor. Under that initiative, the City has funded numerous smart-tech innovations – networking fibre optic and wireless systems to link police surveillance cameras, traffic lights, sprinkler and water meter systems, parking meters, auto license plate readers, disaster operation centres, and interoperable communication systems.

Delshad was twice-elected Mayor of the City of Beverly Hills and has served on the Beverly Hills City Council since 2003. He is the highest ranking Iranian-American elected official in the US.

Delshad was founder and chief executive officer of American International Business, a manufacturer of computer storage technologies, with offices in the US, Germany, Belgium and the UK. He currently serves on the board of directors of several international corporations, including Dream Team Gaming, a casino gaming developer; and International Packaging Company, a paper and cardboard manufacturer with operations in China and the US.

Delshad was the first Iranian-born president of Sinai Temple in Los Angeles and has also served on the board of many not-for-profit organisations including Friends of Sheba Medical and Maple Counseling Center. He is currently on the board of directors of the Iranian-American Jewish Federation and Magbit Educational Foundation where he was both president and chairman of the board.

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