Christine Larsen - Canadian Imperial Independent Director

CM Stock  CAD 91.48  0.37  0.41%   

Director

Ms. Christine Elizabeth Larsen serves as Independent Director of the company. Ms. Larsen was Senior Advisor to the Chief Executive Officer, First Data Corporationrationration, a New York City based global payment technology solutions company, since December 2018. From 2013 to December 2018, Mr. Larsen was Executive VicePresident, Chief Operations Officer of First Data Corporationrationration. Ms. Larsen held various progressively senior roles at JPMorgan Chase Co. from 2006 to 2013. Before joining JPMorgan Chase, Ms. Larsen held several leadership roles at Citigroup for 12 years. She is a member of the Board of Trustees of Syracuse University and a member of the Borough of Manhattan Community College Foundation Board since 2016.
Age 57
Tenure 8 years
Address CIBC Square, Toronto, ON, Canada, M5J 0E7
Phone416 552 9190
Webhttps://www.cibc.com
Larsen holds a Master of Library Science degree from Syracuse University and a Bachelor of Arts degree from Cornell College.

Canadian Imperial Management Efficiency

As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0. Also, Return On Capital Employed is likely to grow to 0.03. At this time, Canadian Imperial's Return On Assets are very stable compared to the past year. As of the 25th of November 2024, Asset Turnover is likely to grow to 0.04, while Non Currrent Assets Other are likely to drop (759.5 M). 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 194.5 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 48,552 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, 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
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.

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

  0.82AMZN Amazon CDRPairCorr
  0.62JPM JPMorgan ChasePairCorr
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.