Canadian Imperial Bank of Commerce
CM: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^$^ | LOCK|Xl$# | LOCK|#$Pn!% |
Canadian Imperial Bank of Commerce: CEO to Retire in October
Narrow-moat-rated Canadian Imperial Bank of Commerce announced on March 13 that CEO Victor Dodig will retire in October after more than a decade in the position. Harry Culham, the head of CIBC's capital markets business, will serve as COO beginning in April and become CEO in November.
