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Sunday, November 22, 2009, 5:30AM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Canadian Imperial Bank of Commerce (CM)On Nov 20: 63.19  Down 0.62 (0.97%)  
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Canadian Imperial Bank of Commerce
Commerce Court
Toronto, ON M5L 1A2
Canada - Map
Phone: 416-980-2211
Fax: 416-363-5347
Web Site: http://www.cibc.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Money Center Banks
Full Time Employees:42,474

BUSINESS SUMMARY 
Canadian Imperial Bank of Commerce (CIBC), together with its subsidiaries, provides a range of financial products and services in Canada and internationally. The company operates through two segments, Retail Markets and World Markets. The Retail Markets segment engages in personal, business banking, and wealth management businesses. It offers various financial products and services to approximately 11 million personal, business, and wealth management clients, as well as investment management services to retail and institutional clients. In addition, the company provides a range of financial services to clients in 17 regional markets in the Caribbean through FirstCaribbean International Bank. Further, this segment offers personal and small business banking, imperial services, retail brokerage, cards, mortgages and personal lending, and asset management services, as well as commercial banking services. The World Markets segment provides various credit and research products and services to government, institutional, corporate, and retail clients. It also offers investment banking and credit products, capital markets, and merchant banking services. The company primarily provides various products and services through its electronic banking network, branches, and offices. CIBC was founded in 1867 and is based in Toronto, Canada.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Gerald T. McCaughey , 53
    Chief Exec. Officer, Pres
    $ 955.00K $ 247.00K
    Mr. Richard Nesbitt , 53
    Chairman and Chief Exec. Officer of CIBC World Markets
    $ 2.50M $ 94.00K
    Mr. David Williamson , 48
    Chief Financial Officer and Sr. Exec. VP
    $ 1.02M $ 85.00K
    Mr. Ron A. Lalonde ,
    Sr. Exec. VP of Technology and Operations
    $ 1.43M $ 37.00K
    Ms. Sonia Ameena Baxendale , 46
    Pres of CIBC Retail Markets and Sr. Exec. VP of CIBC
    $ 1.48M $ 35.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.


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