PrimeWest Mortgage Investment Corporation announced that effective June 6, 2016, Tom Archibald and Doug Frondall have been appointed as Interim Co-Presidents and Co-Chief Executive Officers. The Board of Directors of the Corporation has begun a search for a new President and Chief Executive Officer and looks forward to announcing the successful candidate in due course. Mr. Archibald and Mr. Frondall will jointly oversee the business and operations of the company while the search for a new President and Chief Executive Officer is underway.

Mr. Archibald is currently Chair of the Board. Mr. Frondall is currently the Chair of the Audit Committee. Mr. Don Zealand ceased to act as President and Chief Executive Officer on June 6, 2016.