CIBC announces appointment of Charles Sirois as Chair of the Board
TORONTO, Dec. 4 /CNW/ - CIBC (CM: TSX; NYSE) today announced the appointment of Mr. Charles Sirois as Chair of the Board, effective February 26, 2009 upon his re-election as a director at CIBC's Annual General Meeting in Vancouver. Mr. Sirois, who has been a director of CIBC since 1997, will replace William A. Etherington, who announced at CIBC's annual meeting last February he would be stepping down at the next annual meeting after completing five years as Chair, the term limit. Mr. Etherington is also retiring from the board, having served 15 years as a CIBC director. Mr. Sirois is Chairman and CEO of Telesystem Ltd., a private holding company of which he is founder and principal shareholder. He is also Chairman and CEO of Enablis Entrepreneurial Network, a private sector-led and global non-profit organization that supports entrepreneurs in developing countries who adopt information and communication technologies as a significant part of their growth strategy. Mr. Sirois is also a director of Cossette Communication Group, FA Capital Corp. and Gestion ID Capital Inc.
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For further information: Rob McLeod, (416) 980-3714