Canadian Imperial Bank of Commerce

TSX:CM Stock Report

Market Cap: CA$87.2b

Canadian Imperial Bank of Commerce Management

Management criteria checks 4/4

Canadian Imperial Bank of Commerce's CEO is Victor Dodig, appointed in Sep 2014, has a tenure of 10.25 years. total yearly compensation is CA$11.21M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth CA$16.57M. The average tenure of the management team and the board of directors is 4.8 years and 8.8 years respectively.

Key information

Victor Dodig

Chief executive officer

CA$11.2m

Total compensation

CEO salary percentage8.9%
CEO tenure10.3yrs
CEO ownership0.02%
Management average tenure4.8yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Canadian Imperial Bank of Commerce's (TSE:CM) Upcoming Dividend Will Be Larger Than Last Year's

Dec 08
Canadian Imperial Bank of Commerce's (TSE:CM) Upcoming Dividend Will Be Larger Than Last Year's

CEO Compensation Analysis

How has Victor Dodig's remuneration changed compared to Canadian Imperial Bank of Commerce's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

CA$7b

Jul 31 2024n/an/a

CA$6b

Apr 30 2024n/an/a

CA$6b

Jan 31 2024n/an/a

CA$6b

Oct 31 2023CA$11mCA$1m

CA$5b

Jul 31 2023n/an/a

CA$4b

Apr 30 2023n/an/a

CA$5b

Jan 31 2023n/an/a

CA$5b

Oct 31 2022CA$11mCA$1m

CA$6b

Jul 31 2022n/an/a

CA$6b

Apr 30 2022n/an/a

CA$6b

Jan 31 2022n/an/a

CA$7b

Oct 31 2021CA$13mCA$1m

CA$6b

Jul 31 2021n/an/a

CA$6b

Apr 30 2021n/an/a

CA$5b

Jan 31 2021n/an/a

CA$4b

Oct 31 2020CA$10mCA$1m

CA$4b

Jul 31 2020n/an/a

CA$4b

Apr 30 2020n/an/a

CA$4b

Jan 31 2020n/an/a

CA$5b

Oct 31 2019CA$9mCA$1m

CA$5b

Jul 31 2019n/an/a

CA$5b

Apr 30 2019n/an/a

CA$5b

Jan 31 2019n/an/a

CA$5b

Oct 31 2018CA$10mCA$1m

CA$5b

Compensation vs Market: Victor's total compensation ($USD7.80M) is about average for companies of similar size in the Canadian market ($USD7.76M).

Compensation vs Earnings: Victor's compensation has been consistent with company performance over the past year.

CEO

Victor Dodig (58 yo)

10.3yrs

Tenure

CA$11,206,250

Compensation

Mr. Victor G. Dodig is President, CEO & Director of CIBC INC. (Ontario, Canada). Mr. Dodig is Independent Director at TELUS Corporation from May 06, 2022.He has been the Chief Executive Officer and Presid...

Leadership Team

NamePositionTenureCompensationOwnership
Victor Dodig
President10.3yrsCA$11.21m0.019%
CA$ 16.6m
Harry Culham
Senior EVP and Group Headno dataCA$8.38m0.0028%
CA$ 2.4m
Jon Hountalas
Vice Chair of North American Banking14.9yrsCA$5.14m0.00054%
CA$ 470.9k
Hratch Panossian
Senior EVP and Group Head of Canadian Personal & Business Bankingless than a yearCA$3.58m0.00092%
CA$ 802.3k
Shawn Beber
Senior EVP & Group Head of US Region4.8yrsCA$4.50m0.00018%
CA$ 157.0k
Robert Sedran
Senior EVP & CFOless than a yearno data0.00041%
CA$ 357.6k
Christina Kramer
Senior EVP and Group Head of Technology4.9yrsno data0.0030%
CA$ 2.6m
Kikelomo Lawal
Executive VP & Chief Legal Officer4.2yrsno data0.000050%
CA$ 43.6k
Sandra Sharman
Senior EVP and Group Head of People7.5yrsno data0.00044%
CA$ 383.7k
Michael Capatides
Vice-Chair of CIBC Bank USA2.1yrsCA$6.62mno data
John Ferren
Senior Vice President of Deposit Products & Analytics6.9yrsno datano data
Michael Boluch
Executive Vice President of Technology & Enterprise Innovationno datano datano data

4.8yrs

Average Tenure

58yo

Average Age

Experienced Management: CM's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Victor Dodig
President10.3yrsCA$11.21m0.019%
CA$ 16.6m
Michelle Collins
Independent Director7.5yrsCA$561.21k0.00029%
CA$ 252.9k
Katharine Stevenson
Independent Chairman of the Board13.9yrsCA$646.67k0.0065%
CA$ 5.7m
Barry Zubrow
Independent Director9.7yrsCA$683.73k0.0020%
CA$ 1.7m
Martine Turcotte
Independent Director10.9yrsCA$265.00k0.000090%
CA$ 78.5k
Nanci Caldwell
Independent Director9yrsCA$397.12k0.0024%
CA$ 2.0m
Ammar Al-Joundi
Independent Director2.7yrsCA$240.00k0.0013%
CA$ 1.1m
Kevin Kelly
Independent Director11.7yrsCA$485.13k0.0013%
CA$ 1.1m
William Morneau
Independent Director2.1yrsCA$251.00kno data
Charles Joseph Brindamour
Independent Director4.8yrsCA$240.00k0.0032%
CA$ 2.8m
Christine Larsen
Independent Director8.7yrsCA$336.47k0.0024%
CA$ 2.1m
Mary Lou Maher
Independent Director3.7yrsCA$301.00k0.00036%
CA$ 313.9k

8.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CM's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:43
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canadian Imperial Bank of Commerce is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Ishan MajumdarBaptista Research
John AikenBarclays