Luc Desjardins - Canadian Imperial Independent Director

CM Stock  USD 63.20  0.25  0.40%   

Director

Mr. Luc Desjardins serves as Independent Director of Canadian Imperial Bank of Commerce. Mr. Desjardins was President and Chief Executive Officer of Superior Plus Corporationration, a Toronto based public company that provides propane distribution and marketing services and specialty chemical production, since 2011. Mr. Desjardins was an equity partner at The Sterling Group, LP from 2008 to 2011 and President and Chief Executive Officer of Transcontinental Inc. from 2004 to 2008. In addition to the public company directorship noted below, Mr. Desjardins is a director of Gestion Jourdan SEC, a member of the Chief Executives Organization and a member of the 30 percent Club Canada. Mr. Desjardins is also a recipient of the Harvard Presidents Seminar Leader of Leaders award and the Presidents Program in Leadership diploma from Harvard Business School since 2009.
Age 68
Tenure 15 years
Professional MarksMBA
Phone416 552 9190
Webhttps://www.cibc.com
Desjardins holds a MBA degree from Université du Québec à Montréal and is a graduate of the Harvard Business School Management Development Program.

Canadian Imperial Management Efficiency

Canadian Imperial's management efficiency ratios could be used to measure how well Canadian Imperial manages its routine affairs as well as how well it operates its assets and liabilities.
Canadian Imperial Bank reports 194.5 B of total liabilities with total debt to equity ratio (D/E) of 20.35, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Note however, debt could still be an excellent tool for Canadian to invest in growth at high rates of return.

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Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada. Canadian Imperial operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 49505 people. Canadian Imperial Bank (CM) is traded on New York Stock Exchange in USA. It is located in CIBC Square, Toronto, ON, Canada, M5J 0E7 and employs 48,552 people. Canadian Imperial is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Canadian Imperial Bank Leadership Team

Elected by the shareholders, the Canadian Imperial's board of directors comprises two types of representatives: Canadian Imperial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Imperial's management team and ensure that shareholders' interests are well served. Canadian Imperial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Imperial's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Manley, Independent Chairman of the Board
Hratch Panossian, Senior Executive Vice-President and Chief Financial Officer and Enterprise Strategy
Joseph Hammer, CoHead American
Michael Boluch, Executive Innovation
Martine Turcotte, Independent Director
Luc Desjardins, Independent Director
Michael Capatides, Senior Executive Vice-President and Group Head, CIBC U.S. Region, President and Chief Executive Officer of CIBC Bank USA
Jane Peverett, Independent Director
Linda Hasenfratz, Independent Director
Roman Dubczak, Managing Director and Head, Global Investment Banking, CIBC Capital Markets, CIBC World Markets Inc.
Larry Richman, Senior Executive Vice-President and Group Head, CIBC US Region, and President and CEO, CIBC Bank USA
Sandra Sharman, Culture People
Sandy Sharman, Chief Human Resource Officer and Communications Officer, Senior Executive Vice President
Kikelomo Lawal, Executive Vice President and Chief Legal Officer
Christina Kramer, Senior Executive Vice-President and Group Head - Personal and Small Business Banking, Canada
John Flemming, Managing American
Kevin Glass, Chief Financial Officer, Senior Executive Vice President
John Ferren, Senior Analytics
Paul Gibson, MD Head
Mary Maher, Independent Director
Laura DottoriAttanasio, Senior Executive Vice President, Group Head - Personal and Business Banking, Canada
Shawn Beber, Senior Executive Vice-President General Counsel and Corporate Development
Nicholas Pan, Independent Director
Harry Culham, Senior Executive Vice-President and Group Head, Capital Markets and Direct Financial Services
Jon Hountalas, Senior Executive Vice-President and Group Head - Commercial Banking and Wealth Management, Canada
Michelle Collins, Independent Director
Victor Dodig, President, Chief Executive Officer, Director
Brent Belzberg, Independent Director
Katharine Stevenson, Independent Director
Patrick Daniel, Independent Director
Jeff Chapman, MDMenlo Banking
Stephen Forbes, Chief VP
Kevin Patterson, Senior Executive Vice President, Group Head - Technology and Operations
Barry Zubrow, Independent Director
Deepak Khandelwal, Senior Executive Vice-President and Group Head - Client Connectivity and Innovation
Ron Singh, Managing Office
Tej Sahi, Managing Banking
Robert CFA, Senior CFO
Nanci Caldwell, Independent Director
Kevin Kelly, Independent Director
Sean Duffy, MD Europe
Charles Brindamour, Independent Director
Christine Larsen, Independent Director
Heather Kaine, Senior Auditor

Canadian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canadian Imperial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.