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CIBC ANNOUNCES SHAWN BEBER AS NEW HEAD OF U.S. OPERATIONS
TORONTO — The Canadian Imperial Bank of Commerce has appointed Shawn Beber as
its new head of U.S. operations.
Canadian Press about 20 hours ago about 20 hours ago
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The new CIBC logo displayed in the lobby of its headquarters in Toronto on
Monday, Oct. 25, 2021. The Canadian Imperial Bank of Commerce has appointed
Shawn Beber as its new head of U.S. operations. THE CANADIAN PRESS/Evan Buhler
TORONTO — The Canadian Imperial Bank of Commerce has appointed Shawn Beber as
its new head of U.S. operations.
Beber replaces Mike Capatides, who becomes a vice-chair for CIBC Bank USA after
more than 25 years at the bank, according to a press release Tuesday.
President and CEO Victor Dodig says Beber's strong focus on clients and
relationships will be instrumental for the bank in building its momentum in
North America.
Frank Guse will take on the role of chief risk officer as well as senior
executive vice-president from his current role as executive vice-president of
strategy and transformation for personal and business banking.
Beber previously held several senior roles at CIBC including head of U.S.
capital markets.
CIBC says he played a key role in the acquisition of The PrivateBank in 2017.
This report by The Canadian Press was first published Oct. 4, 2022.
Companies in this story: (TSX:CM)
The Canadian Press
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