Eugene Pechet
Eugene Pechet | |
|---|---|
| Born | January 7, 1917 |
| Died | 23 August 2008 (aged 91) |
| Occupation(s) | Hotel owner Banker Businessperson |
| Spouse | Rose Simkin |
Eugene Pechet (January 7, 1917 – August 23, 2008) was a Canadian hotelier and banker. He bought his first hotel in 1942 and went on to build and operate 22 hotels throughout Western Canada and the United States.[1][2]
Banking industry involvement
With Charles Allard, Pechet also founded the Canadian Western Bank, formerly the Bank of Alberta. They started the bank with three employees working out of an office located in one of Mr. Pechet’s hotels.[3] As of 2010, the CWB has total balance sheet assets of just under $12 billion, assets under administration of over $8 billion and assets under management approaching $1 billion.
Awards and achievements
- In 1997, Pechet won the Pinnacle lifetime achievement award.
References
- ^ "Entrepreneur Eugene Pechet dead at 91". The Edmonton Journal.
- ^ "Pechet, Legendary Edmonton Hotelier dies at 91" (PDF).
- ^ "Canadian Western Bank celebrates 25 years of success" (PDF). CWB Corporate Website.