CIBC Avoids Repeat of Succession Drama in Picking Culham as CEO
Also: Couche-Tard is still vying for 7-Eleven
CIBC pulled off a nice, boring CEO succession announcement this week.
Photographer: Annie Sakkab/BloombergWelcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics.
I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about CIBC’s incoming CEO, the shifting fate of Canada’s Conservatives, and where all that pension money gets spent. Plus: why Buffalo, New York is feeling the sting of the trade war.