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CIBC shakes up leadership ranks as Harry Culham prepares to step into CEO role

ONTARIO, CANADA, AUG 12 – Harry Culham, currently COO, will become CEO as Victor Dodig steps down, with several senior leadership changes including new appointments and retirements announced by CIBC.

  • In Toronto, Ontario, CIBC announced that Harry Culham will become President and CEO later this year, succeeding Victor Dodig.
  • Amid the upcoming CEO handover, CIBC’s board is restructuring as Culham, current COO and former head of capital markets, prepares to become CEO on Nov. 1.
  • Among the leadership shifts, Amy South will be Executive Vice-President, Office of the CEO, overseeing key groups at CIBC.
  • Meanwhile, Shawn Beber will retire later this year and become Special Adviser on Nov. 1, 2025, while Guse, Sedran, and Sharman remain in their roles.
  • With an eye on future growth, Culham said CIBC is accelerating momentum by delivering on its client-focused strategy and fostering a purpose-led, connected culture.
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CIBC making senior executive changes ahead of CEO change in November

TORONTO — CIBC is making changes to its senior executive ranks ahead of Harry Culham's move into the role of president and chief executive later this year.

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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, August 12, 2025.
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