Canadian Imperial Bank of Commerce (NYSE:CM)

$ 62.89 -0.8682 (-1.36%) Market Cap: 59.28 Bil Enterprise Value: 168.64 Bil PE Ratio: 12.45 PB Ratio: 1.59 GF Score: 77/100

Canadian Imperial Bank of Commerce Annual Shareholders Meeting Transcript

Apr 08, 2020 / 02:30PM GMT

Release Date Price: $30.34 (+2.05%)

Transcript

John Paul Manley

Canadian Imperial Bank of Commerce - Independent Chairman of the Board

Good morning. Welcome to the 2020 Annual Meeting of CIBC. (foreign language) My name is John Manley. I'm Chair of CIBC's Board of Directors. In these unprecedented times, the health and well-being of our clients, employees and shareholders is our top priority. In support of public health efforts to manage COVID-19, we're holding this meeting virtually. However, it's important for us to meet in person with shareholders, and our intention is to resume our in-person annual meetings next year. (foreign language) It's our entire team working together that enables us to be here for our clients.

So let me welcome our shareholders and guests, who are joining our meeting today through our live webcast or listening on the telephone and explain a little bit about how the meeting will proceed. Before doing that, though, let me off the top and with the support and approval of our CEO, mention with sadness the recent passing of the long time chair of one of our competitor banks, the Bank of Nova Scotia, Tom O'Neill. Tom

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