Ernest Savard

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J. Ernest Savard was a Canadian businessman. He was a stockbroker and a partner in the brokerage firm of Savard & Hart in Montreal, Quebec. He also was an owner of the Montreal Canadiens and Montreal Royals sports teams.

A sports fan, in 1928 Savard partnered with fellow Montreal businessman and politician Athanase David and American baseball executive George Stallings to revive the Montreal Royals baseball franchise as part of the International League and to build Delorimier Stadium.

In 1935, the Montreal Canadiens were sold to a group of investors led by Savard. Savard succeeded Athanase David as President of the Montreal Canadiens ice hockey club. He also served as general manager for one season. Savard served as team president until 1940, when he was succeeded by Donat Raymond.[1]

Time magazine reported that Savard's business, a member of the Montreal Stock Exchange, suffered considerable financial losses in 1959 as a result of positions it had taken in a deal that turned out to be an orchestrated fraud by American financier Alexander L. Guterma.[2]


Preceded by
Leo Dandurand
General Manager of the Montreal Canadiens
Succeeded by
Cecil Hart