Doug Gough, chairman of the board of Pacific & Western Credit Corp. died suddenly on Sunday, the company reports.

Gough was a member of the board of the London, Ont.-based company since 1996.

“The Directors of PWC wish to express their condolences to his family and friends at this time. Doug’s contributions to the Board and his friendship will be sadly missed,” stated David Taylor, president & CEO.

Tom Hockin, chairman of PWC’s wholly owned subsidiary, Pacific & Western Bank of Canada, has been appointed by PWC’s board of directors as the new chairman.

IE