People Moves
CIBC Announces Organizational Changes

Canadian Imperial Bank of Commerce has made a raft of senior moves, not affecting wealth management leadership.
CIBC has re-jigged its organizational structure, although Steve Geist, senior executive vice president and group head of wealth management, and Kevin Glass, senior executive vice president and chief financial officer, will retain their current responsibilities.
David Williamson, senior executive vice president and group head of retail and business banking, has been given responsibility for “bank-wide innovation.” Meanwhile, Mike Capatides, senior executive vice president, chief administrative officer and general counsel, is tasked with helping to simplify the bank. Stephen Forbes has been appointed as executive vice president and chief commercial officer, charged with enhancing CIBC's client experience.
Among other changes, Geoff Belsher, group co-head of CIBC's wholesale banking business, will be retiring on September 30; Harry Culham has been named senior executive vice president and group head of wholesale banking; Laura Dottori-Attanasio, senior executive vice president and chief risk officer, will take on expanded responsibility for compliance and anti-money laundering; Kevin Patterson, senior executive vice president of technology and operations, will take on expanded responsibility for corporate security; Jon Hountalas, executive vice president, is taking on a new role overseeing CIBC's business and corporate banking businesses; and Sandy Sharman has been named executive vice president and chief human resources officer, responsible for talent and people strategies.
Yesterday, CIBC reported its third quarter financial results for 2015, a summary of which can be viewed here.