CIBC President and CEO Gerry McCaughey announces organizational changes
-- Tom Woods Named Vice-Chairman, CIBC
-- Laura Dottori-Attanasio Named Chief Risk Officer, CIBC
TORONTO, June 11, 2013 /CNW/ - Gerry McCaughey, President and CEO of CIBC
(TSX: CM) (NYSE: CM), today announced the following senior level
The changes, effective July 1, 2013, include:
-- Tom Woods has been named Vice-Chairman, CIBC. In this role, Mr.
Woods will continue to be a member of the bank's Senior
Executive Team reporting to Mr. McCaughey. He will be
responsible for chairing the bank's Asset Liability Committee;
acting as lead liaison with the bank's regulators; and being an
active member of the bank's business strategy group. In
addition, Mr. Woods will participate as a CIBC-designated
director in the bank's strategic investments and partnerships
and will also be responsible for generating new and enhancing
existing CIBC-wide client relationships. Mr. Woods has been at
CIBC since 1977, most recently as Chief Risk Officer and
previously as Chief Financial Officer.
-- Laura Dottori-Attanasio has been named Chief Risk Officer,
CIBC. In this role, Ms. Dottori-Attanasio will join the bank's
Senior Executive Team reporting to Mr. McCaughey. She will be
responsible for leading and overseeing the bank's Risk function
and chairing the bank's Capital and Risk Committee. Ms.
Dottori-Attanasio was most recently Global Head of Corporate
Credit Products where she was responsible for all credit
activities at CIBC's wholesale bank. Ms. Dottori-Attanasio has
over 20 years of experience in the finance sector. Before
joining CIBC, she was with one of Canada's chartered banks
where she held a number of senior executive positions.
"Tom and Laura are proven leaders who have contributed to the execution of
CIBC's strategy and our performance," said Mr. McCaughey. "I look forward to
continuing to work with them as we further evolve our client centric strategy
consistent with our lower risk bank profile and our goal of delivering
consistent and sustainable earnings."
CIBC is a leading North American financial institution with more than 11
million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, and has offices in the United States and
around the world. You can find other news releases and information about CIBC
in our Media Centre on our corporate website at www.cibc.com.
Kevin Dove, Communications and Public Affairs at
To view this news release in HTML formatting, please use the following URL:
CO: CIBC - Investor Relations
NI: FIN 2575 WNEWS
-0- Jun/11/2013 19:00 GMT
Press spacebar to pause and continue. Press esc to stop.