PrimeWest Gets New Boss

PrimeWest Mortgage Investment Corporation which is based in Saskatoon will be going under new management and changes as they will be now operating with a new Chief Executive Officer, named Brad Penno.

Brad Penno previously worked with other companies such as Royal Trust Corporation as a commercial mortgage manager, a commercial mortgage associate at Sherwood Mortgage Group and a mortgage specialist at RBC in the past.

The former co-presidents and co-CEOS of the company, Tom Archibald, and Doug have stepped down from their previous positions. The contract that will be signed by the new CEO for PrimeWEst, Brad Penno, will be running for 6 months before evaluation which would then determine whether or not he is fit for the position and able to run the company for a long period of time.


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