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Globe says ex CIBC exec Prentice killed in plane crash

2016-10-17 05:43 ET - In the News

See In the News (C-CM) Canadian Imperial Bank of Commerce

The Globe and Mail reports in its Saturday, Oct. 15, edition that Jim Prentice, 60, died Thursday with three other people in a plane crash just outside of Kelowna, B.C. The Globe's Kelly Cryderman, Mike Hager and Tu Thanh Ha write that Mr. Prentice was revered by many as a centrist bridge-builder and devoted public servant. Mr. Prentice had been on a golf trip to B.C. last week. He was travelling back to Calgary by Cessna 500 business jet with Ken Gellatly -- the father-in-law of Mr. Prentice's daughter, Cassia Gellatly Prentice -- and two other people, who have not been identified, when the crash occurred. Mr. Prentice left politics in 2010 to become a senior executive at Canadian Imperial Bank of Commerce. However, he was drawn back into the public sphere in 2014, when he threw his hat in the ring to lead the provincial Progressive Conservatives. He easily won the leadership race that year, and just as handily led Alberta PCs to a massive defeat after 44 years in power. He had a strong reputation in the country's oil patch, where he previously worked as an adviser for pipeline company Enbridge and, more recently, for private-equity firm Warburg Pincus LLC.

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