TORONTO, Aug. 8, 2024
/CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced
that François Poirier will be joining its Board of Directors
effective September 1, 2024.
Mr. Poirier is President and CEO of TC Energy Corporation, one
of North
America's leading energy infrastructure companies,
and brings significant experience in the energy sector spanning
power generation, sustainability, risk management, and
corporate development. Mr. Poirier has held a variety of senior
leadership roles at TC Energy Corporation including Chief Operating
Officer and President, Power and Storage. He also previously served
as Executive Vice President, Strategy and Corporate
Development.
In addition, Mr. Poirier has 25 years of experience in
investment banking and capital markets. Prior to joining TC Energy
Corporation, he served as President and Head, Investment Banking
and Capital Markets for Wells Fargo Securities Canada, Ltd.
"François brings deep strategic expertise across key sectors in
the North American economy, and complements skills and experience
on our Board," said Kate Stevenson, Chair of the Board, CIBC.
"Adding his perspective as a prominent business leader from
Western Canada will further our
efforts to oversee the continued execution of CIBC's client-focused
growth strategy."
Mr. Poirier graduated Magna Cum Laude with a Bachelor of
Operations Research from the University of
Ottawa, and holds an MBA from the Schulich School of
Business at York University.
About CIBC
CIBC is a leading North American financial institution with 14
million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking
and Wealth Management, and Capital Markets businesses, CIBC offers
a full range of advice, solutions and services through its leading
digital banking network and locations across Canada, with offices in the United States and around the world.
Ongoing news releases and more information about CIBC can be found
at www.cibc.com/en/about-cibc/media-centre.html
SOURCE CIBC