Kevin Kelly - Canadian Imperial Independent Director
| CM Stock | CAD 91.55 0.85 0.92% |
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 | 12 years |
| Address | CIBC Square, Toronto, ON, Canada, M5J 0E7 |
| Phone | 416 552 9190 |
| Web | https://www.cibc.com |
Canadian Imperial Management Efficiency
As of the 31st of January 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.Similar Executives
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Management Performance
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0069 |
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.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0069 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.40 % | |||
| Current Valuation | 82.38 B | |||
| Shares Outstanding | 942.37 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 52.46 % | |||
| Number Of Shares Shorted | 24.24 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.Moving together with Canadian Stock
Moving against Canadian Stock
| 0.64 | VCM | Vecima Networks | PairCorr |
| 0.62 | CNQ | Canadian Natural Res | PairCorr |
| 0.54 | MOX | Morien Resources Corp | PairCorr |
| 0.32 | ASM | Avino Silver Gold | PairCorr |
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, 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.