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CIBC names former finance minister Bill Morneau as next board chair
Morneau has served as an independent director since 2022 and brings experience from politics and corporate boards.
- On Friday, October 30, 2026, CIBC announced that former federal finance minister Bill Morneau will become the next chair of its board of directors.
- Current chair Katharine Stevenson will retire from the board at the end of 2026, concluding six years as chair and 10 years as an independent director.
- Before entering politics, Morneau led human resources and pension services firm Morneau Shepell from 1990 to 2015, then resigned as finance minister in August 2020.
- Since 2022, Morneau has served as an independent director of CIBC while chairing NovaSource Power Services and serving as a director at Clairvest Group Inc.
- The leadership transition takes effect on January 1, with Morneau succeeding Stevenson to lead the bank's board into the new year.
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CIBC appointed the former Federal Minister of Finance, Bill Morneau, as Chairman of its Board of Directors.
·Montreal, Canada
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TORONTO, Oct. 30, 2026 /CNW/ -- CIBC (TSX: CM) (NYSE: CM) today announced the appointment of Bill Morneau as President of the
·Montreal, Canada
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Total News Sources38
Leaning Left23Leaning Right2Center8Last UpdatedBias Distribution70% Left
Bias Distribution
- 70% of the sources lean Left
70% Left
L 70%
C 24%
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