Kevin Kelly - Canadian Imperial Independent Director

CM Stock  CAD 65.43  0.41  0.63%   

Director

Mr. Kevin J. Kelly serves as Independent Director of the Canadian Imperial Bank of Commerce. Mr. Kelly was Lead Director of the Ontario Securities Commission from 2010 to 2012 and Commissioner from 2006 to 2010. He has more than 30 years experience in wealth and asset management in Canada and the U.S. Mr. Kelly was President and CoChief Executive Officer of Wellington West Capital, Inc. from 2004 to 2005, President of Fidelity Brokerage Company in Boston from 2000 to 2003, President of Fidelity Investments Institutional Services Company from 1997 to 2000, President of Fidelity Canada from 1996 to 1997, and President and Chief Executive Officer of Bimcor Inc. from 1992 to 1996. Mr. Kelly is a past director and Chair of the Foundation for Educational Exchange Between Canada and the United States of America since 2013.
Age 63
Tenure 11 years
Address CIBC Square, Toronto, ON, Canada, M5J 0E7
Phone416 552 9190
Webhttps://www.cibc.com
Kelly holds a Bachelor of Commerce degree from Dalhousie University

Canadian Imperial Management Efficiency

At this time, Canadian Imperial's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of April 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop 0.01. At this time, Canadian Imperial's Debt To Assets are very stable compared to the past year. As of the 22nd of April 2024, Return On Assets is likely to grow to 0, though Non Currrent Assets Other are likely to grow to (160.6 B). 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.
The company has accumulated 77.66 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Canadian Imperial until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Imperial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Imperial Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Imperial's use of debt, we should always consider it together with cash and equity.

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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 Canada and is traded on Toronto Stock Exchange. It employs 49505 people. Canadian Imperial Bank (CM) is traded on Toronto Exchange in Canada and employs 48,047 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
Ronald Tysoe, Independent Director
Hratch Panossian, Senior Executive Vice-President, Chief Financial Officer
Luc Desjardins, Independent Director
Scott Bere, Managing Director and Chief Investment Officer, CIBC
Linda Hasenfratz, Independent Director
Larry Richman, Senior Executive Vice-President and Group Head, CIBC US Region, and President and CEO, CIBC Bank USA
Sandy Sharman, Chief Human Resource Officer and Communications Officer, Senior Executive Vice President
Kikelomo Lawal, Executive Officer
Christina Kramer, Senior Executive Vice-President and Group Head - Personal and Small Business Banking, Canada
John Flemming, Managing American
Gary Colter, Independent Director
Kevin Li, Managing Director and Head, European Region, CIBC Capital Markets
Ian Matthews, Managing Director and Chief Administrative Officer, CIBC Capital Markets
Christian Exshaw, Managing Director and Head, Global Markets, CIBC Capital Markets
Shawn Beber, Senior Executive Vice-President General Counsel and Corporate Development
Harry Culham, Senior Executive Vice-President and Group Head - Capital Markets
Michelle Collins, Independent Director
Brent Belzberg, Independent Director
Jeff Chapman, MDMenlo Banking
Wayne Lee, Managing Director and Head, Asia Pacific Region, CIBC
Stephen Forbes, Chief VP
Kevin Patterson, Senior Executive Vice President, Group Head - Technology and Operations
Deepak Khandelwal, Senior Executive Vice-President and Group Head - Client Connectivity and Innovation
Ron Singh, Managing Office
Tej Sahi, Managing Banking
Geoffrey Belsher, Managing Director and Group Co-Head, Wholesale Banking
Nanci Caldwell, Independent Director
Sean Duffy, MD Europe
Christine Larsen, Independent Director
Heather Kaine, Senior Auditor
Jennifer Warren, Managing Director and Head, U.S. Region, CIBC
Joseph Hammer, CoHead American
Michael Boluch, Executive Innovation
Martine Turcotte, 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
Michael Higgins, Managing Director and Head, U.S. Real Estate Finance, CIBC Capital Markets
Roman Dubczak, Managing Director and Head, Global Investment Banking, CIBC Capital Markets, CIBC World Markets Inc.
Sandra Sharman, Culture People
Kevin Glass, Chief Financial Officer, Senior Executive Vice President
John Ferren, Senior Analytics
Paul Gibson, MD Head
Michelle Caturay, Vice-President Corporate Secretary and Associate General Counsel
Steve Geist, Senior Executive Vice President and Group Head, Wealth Management
Laura DottoriAttanasio, Senior Executive Vice President Chief Risk Officer
Nicholas Pan, Independent Director
Jon Hountalas, Senior Executive Vice-President and Group Head - Commercial Banking and Wealth Management, Canada
Victor Dodig, President, Chief Executive Officer, Director
Katharine Stevenson, Independent Director
Patrick Daniel, Independent Director
David Williamson, Sr. Executive VP and Group Head of Retail and Bus. Banking
Alice Dunning, IR Contact Officer
Barry Zubrow, Independent Director
Robert CFA, Senior CFO
Gordon Giffin, Independent Director
Kevin Kelly, Independent Director
Charles Brindamour, Independent Director

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.

Pair Trading with Canadian Imperial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

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  0.93JPM JPMorgan ChasePairCorr

Moving against Canadian Stock

  0.89AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Canadian Imperial's price analysis, check to measure Canadian Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.
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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.