CIBC President and CEO Gerry McCaughey announces organizational changes

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 
organizational changes.

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 
416-980-8835,kevin.dove@cibc.com.

SOURCE: CIBC

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CO: CIBC - Investor Relations
ST: Ontario
NI: FIN 2575 WNEWS 

-0- Jun/11/2013 19:00 GMT