Press Release: CIBC announces Senior Executive Leadership Changes

Dow Jones
Dec 04

TORONTO, Dec. 4, 2025 /CNW/ - CIBC (TSX: CM) $(CM)$ today announced senior leadership appointments to its Group Executive Leadership Team for 2026, to further accelerate the execution of its client-focused strategy by furthering connectivity, driving efficiencies through modernization, and elevating human capital.

"Building on our record financial performance in fiscal 2025, we're further strengthening our leadership team in areas where accelerating our execution will deliver more for our stakeholders," said Harry Culham, President and CEO of CIBC. "The deep bench strength of our talent is key to our enterprise wide connectivity and our continued strong momentum."

The following changes are effective January 1, 2026:

   -- Sandy Sharman, Senior Executive Vice-President and Group Head, People, 
      Culture and Brand, will transition to the role of Special Advisor on 
      January 1, 2026 and will retire at the end of 2026. Throughout Sandy's 19 
      years with our bank, she has been instrumental in leading the 
      modernization of our Human Resources $(HR)$ function and capabilities, 
      reclaiming our purpose, reinvigorating our brand, enabling strong client 
      and employee experience scores, modernizing our workplaces, and 
      positioning our bank to extend our impact in our communities through our 
      CIBC Foundation."Sandy's contributions to CIBC are significant, including 
      helping to architect our client-focused, connected culture and embedding 
      our purpose into everything we do which is enabling the strong financial 
      performance we're delivering across our bank," said Mr. Culham. "Her 
      vision helped to reinvigorate our brand, build our new global 
      headquarters at CIBC Square, and lead our team through the challenges of 
      the global pandemic. We are grateful for her many contributions to the 
      strength of our bank today." 
 
   -- Christina Kramer, Senior Executive Vice-President and Chief 
      Administrative Officer, will take on additional accountability for 
      Enterprise Real Estate, Enterprise Capabilities and Organizational 
      Agility, Brand, Community Investment, Client Experience, Communications, 
      and Corporate Events. Christina brings more than 35 years of CIBC 
      experience to these added responsibilities."Christina's deep knowledge of 
      CIBC's operations and her experience leading both frontline and 
      infrastructure teams position her well to take on these key enterprise 
      mandates," said Mr. Culham. "She has a deep understanding of the needs of 
      our team and has first-hand experience in growing and deepening client 
      relationships, all of which will add value to our team through her new 
      responsibilities moving forward." 
 
   -- Richard Jardim will be appointed Senior Executive Vice-President, Chief 
      Technology and Information Officer, Global Technology, Data and AI. In 
      this role he will play a central role in modernizing and driving 
      efficiencies through technology platforms and capabilities, including 
      furthering CIBC's leadership in leveraging AI to enable our team to do 
      more for our clients. Richard has been with our bank for 14 years and 
      brings extensive technology, data and transformational leadership to the 
      role."Our modernization agenda will enable us to further leverage 
      emerging opportunities in Artificial Intelligence and other technologies 
      to empower our team to do more for our clients," noted Mr. Culham. 
      "Richard's deep knowledge of our bank positions him well to lead this 
      effort at a time when the opportunities to add value for stakeholders 
      have never been higher." 
 
   -- Yvonne Dimitroff will be appointed Executive Vice-President, Chief Human 
      Resources Officer, People, Culture and Talent, accountable for leading 
      our HR function and fostering a best-in-class culture for our CIBC team. 
      Yvonne brings deep experience, including 14 years of HR leadership with 
      our bank across Canada, the US and our global businesses. Her performance 
      driven, relationship-focused approach will be an asset as she takes on 
      this key role."Our talent and our culture are key contributors to our 
      current momentum, and sharpening our focus here will enable future growth, 
      " added Mr. Culham. "Yvonne's experience in shaping our culture and 
      leading key HR functions for our bank across borders positions her well 
      to drive an elevated focus on human capital as we sharpen our client 
      focus and connectivity." 

About CIBC

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre.

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December 04, 2025 06:31 ET (11:31 GMT)

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