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… Current chief risk officer Laura Dottori-Attanasio will take Ms. Kramer’s place at the helm of the retail banking division. var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?
Feb 21, 2020 6:04AM EST. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce is expected to make changes to its senior executive ranks and announce about 2,000 job cuts when it reports first-quarter earnings next week, the Globe and Mail reported https://tgam.ca/2uguwyL on Friday.CIBC plans to move Christina Kramer, the head of personal and small-business banking, to a new role as head of technology and operations, while current chief risk officer Laura Dottori-Attanasio will take Kramer's place at the helm of the retail banking division, the newspaper reported, citing sources familiar with the matter.Victor Dodig, chief executive officer of Canada's fifth-largest bank, told staff late last month that CIBC needs to challenge itself to be "a more efficient bank by focusing on continuous improvement and keeping a careful eye on costs".Controlling costs is particularly vital for CIBC, which already expects expenses to grow at 4%-5% this year, double the pace of its rivals.CIBC did not immediately respond to a Reuters request for comment.
Controlling costs is particularly vital for CIBC, which already expects expenses to grow at 4%-5% this year, double the pace of its rivals. Peter Redman/National Post. Canadian Imperial Bank of Commerce is shuffling its leadership deck in a series of moves effective today that includes appointing Ed Dodig, CEO Victor Dodig’s brother, to head retail investment firm CIBC Wood Gundy. Kramer will succeed Kevin Patterson, the current group head of technology and operations, who previously announced he would retire this year.CIBC spokesperson Tom Wallis declined to comment about the leadership changes or job losses.CIBC’s board of directors will review the plans for leadership changes and job cuts when it meets early next week ahead of the company’s earnings released on Wednesday.Chief executive officer Victor Dodig has told staff Mr. Dodig also highlighted efforts “to simplify the bank and work differently,” and to “streamline decision-making.”The planned job cuts would amount to more than 4 per cent of CIBC’s total staff, as the bank had 45,157 full-time equivalent employees as of Oct. 31, up from 44,220 a year earlier. Gerry McCaughey, chief executive of CIBC.
CIBC plans to shuffle executives, cut 2,000 jobs - Globe and Mail. This is a space where subscribers can engage with each other and Globe staff. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce is expected to make changes to its senior executive ranks and announce about 2,000 job cuts when it reports first-quarter earnings next week, the Globe and Mail reported CIBC plans to move Christina Kramer, the head of personal and small-business banking, to a new role as head of technology and operations, while current chief risk officer Laura Dottori-Attanasio will take Kramer’s place at the helm of the retail banking division, the newspaper reported, citing sources familiar with the matter. Victor Dodig, chief executive officer of Canada’s fifth-largest bank, told staff late last month that CIBC needs to challenge itself to be “a more efficient bank by focusing on continuous improvement and keeping a careful eye on costs”. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce … If you are looking to give feedback on our new site, please send it along to To view this site properly, enable cookies in your browser.
CIBC did not immediately respond to a Reuters request for comment. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Non-subscribers can read and sort comments but will not be able to engage with them in any way.
… Current chief risk officer Laura Dottori-Attanasio will take Ms. Kramer’s place at the helm of the retail banking division. var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?
Feb 21, 2020 6:04AM EST. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce is expected to make changes to its senior executive ranks and announce about 2,000 job cuts when it reports first-quarter earnings next week, the Globe and Mail reported https://tgam.ca/2uguwyL on Friday.CIBC plans to move Christina Kramer, the head of personal and small-business banking, to a new role as head of technology and operations, while current chief risk officer Laura Dottori-Attanasio will take Kramer's place at the helm of the retail banking division, the newspaper reported, citing sources familiar with the matter.Victor Dodig, chief executive officer of Canada's fifth-largest bank, told staff late last month that CIBC needs to challenge itself to be "a more efficient bank by focusing on continuous improvement and keeping a careful eye on costs".Controlling costs is particularly vital for CIBC, which already expects expenses to grow at 4%-5% this year, double the pace of its rivals.CIBC did not immediately respond to a Reuters request for comment.
Controlling costs is particularly vital for CIBC, which already expects expenses to grow at 4%-5% this year, double the pace of its rivals. Peter Redman/National Post. Canadian Imperial Bank of Commerce is shuffling its leadership deck in a series of moves effective today that includes appointing Ed Dodig, CEO Victor Dodig’s brother, to head retail investment firm CIBC Wood Gundy. Kramer will succeed Kevin Patterson, the current group head of technology and operations, who previously announced he would retire this year.CIBC spokesperson Tom Wallis declined to comment about the leadership changes or job losses.CIBC’s board of directors will review the plans for leadership changes and job cuts when it meets early next week ahead of the company’s earnings released on Wednesday.Chief executive officer Victor Dodig has told staff Mr. Dodig also highlighted efforts “to simplify the bank and work differently,” and to “streamline decision-making.”The planned job cuts would amount to more than 4 per cent of CIBC’s total staff, as the bank had 45,157 full-time equivalent employees as of Oct. 31, up from 44,220 a year earlier. Gerry McCaughey, chief executive of CIBC.
CIBC plans to shuffle executives, cut 2,000 jobs - Globe and Mail. This is a space where subscribers can engage with each other and Globe staff. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce is expected to make changes to its senior executive ranks and announce about 2,000 job cuts when it reports first-quarter earnings next week, the Globe and Mail reported CIBC plans to move Christina Kramer, the head of personal and small-business banking, to a new role as head of technology and operations, while current chief risk officer Laura Dottori-Attanasio will take Kramer’s place at the helm of the retail banking division, the newspaper reported, citing sources familiar with the matter. Victor Dodig, chief executive officer of Canada’s fifth-largest bank, told staff late last month that CIBC needs to challenge itself to be “a more efficient bank by focusing on continuous improvement and keeping a careful eye on costs”. Feb 21 (Reuters) - Canadian Imperial Bank of Commerce … If you are looking to give feedback on our new site, please send it along to To view this site properly, enable cookies in your browser.
CIBC did not immediately respond to a Reuters request for comment. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Non-subscribers can read and sort comments but will not be able to engage with them in any way.