Grace Evans Cherashore is Executive Chairwoman of Evans Hotels, a company founded in 1953 by her late father, William D. Evans, and her mother, Anne L. Evans.
Mrs. Cherashore began her tenure with Evans Hotels as Chief Financial Officer in 1984 and later served as President and Chief Executive Officer for 21 years. Prior to Evans Hotels, Mrs. Cherashore worked for Wells Fargo Bank in San Francisco in the Real Estate Industries Group.
Outside of Evans Hotels, Mrs. Cherashore currently serves as Vice Chair of the California State Chamber of Commerce and as a member of the Dean's Advisory Council for the UCSD Rady School of Management. Previously, she served as a Director of the Federal Reserve Bank of San Francisco, Los Angeles Branch from 2008 through 2013 with one term as Chair. Prior to her Federal Reserve service she served as a Director of Peninsula Bank of San Diego and was a founding Director of San Diego Trust Bank. Mrs. Cherashore was also a Director of San Diego Economic Development Corporation, the San Diego State University School of Business, the San Diego Consortium and Private Industry Council (now the San Diego Workforce Partnership), the San Diego Chapter of the American Cancer Society, and the Bishop's School.
Grace Cherashore has a B.A., magna cum laude, from the University of Colorado, and an M.B.A. from the Amos Tuck School of Business at Dartmouth College. She was recently honored by the San Diego Business Journal as the 2013 "Most Admired CEO" for Large Family-Owned Businesses. In 2005 she was honored at the publication's 12th-Annual "Women Who Mean Business" awards.
In 2017, Mrs. Cherashore and Anne Evans received the Distinguished Service Award from the Federal Reserve Bank of San Francisco.