Larry Richman - Canadian Imperial CEO
CEO
Mr. Larry D. Richman is Senior Executive VicePresident and Group Head US Region, and President and CEO, CIBC Bank USA of the company. He was at The PrivateBank from 2007 to 2017, where he was President and CEO. since 2017.
| Age | 63 |
| Tenure | 8 years |
| Phone | 416 552 9190 |
| Web | https://www.cibc.com |
Canadian Imperial Management Efficiency
As of the 22nd of March 2025, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Canadian Imperial's Asset Turnover is very stable compared to the past year. 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 has accumulated 83.4 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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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0074 |
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, Chief Financial Officer | ||
| Joseph Hammer, CoHead American | ||
| Michael Boluch, Executive Innovation | ||
| Martine Turcotte, Independent Director | ||
| Geoffrey Weiss, Investor President | ||
| 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 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 | ||
| Laura DottoriAttanasio, Senior Executive Vice President Chief Risk Officer | ||
| 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 | ||
| 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 | ||
| Grant Rasmussen, MD Distribution | ||
| 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.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0074 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 72.75 B | ||||
| Shares Outstanding | 940.02 M | ||||
| Shares Owned By Insiders | 0.02 % | ||||
| Shares Owned By Institutions | 53.90 % | ||||
| Number Of Shares Shorted | 21.29 M | ||||
| Price To Earning | 7.12 X |
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.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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Tools for Canadian Stock
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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