CIBC Appoints Former U.S. Ambassador David MacNaughton as Strategic Advisor to Enhance Client Relationships
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
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Source: Yahoo Finance
- Strategic Advisor Appointment: CIBC has appointed former U.S. Ambassador David MacNaughton as a Strategic Advisor, aiming to enhance the bank's client relationship management through his extensive experience in public policy and regulatory developments.
- Industry Influence: Serving as Ambassador from 2016 to 2019, MacNaughton played a crucial role in renegotiating the North American Free Trade Agreement, and his strategic vision in cross-border relations will provide CIBC with valuable market insights.
- Client-Focused Strategy: CIBC's CEO Harry Culham stated that MacNaughton's expertise will assist the bank in providing greater certainty and success opportunities for clients in a complex operating environment, thereby driving their growth ambitions.
- Executive Team Integration: The newly established Office of the CEO consolidates a senior leadership team within the bank, aiming to deliver unparalleled expertise and insights to strategic clients, further solidifying CIBC's position as the most client-focused bank in the industry.
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Analyst Views on CM
Wall Street analysts forecast CM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CM is 93.02 USD with a low forecast of 84.94 USD and a high forecast of 99.34 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
4 Hold
1 Sell
Moderate Buy
Current: 93.420
Low
84.94
Averages
93.02
High
99.34
Current: 93.420
Low
84.94
Averages
93.02
High
99.34
About CM
Canadian Imperial Bank of Commerce is a North American financial institution. The Company's segments include Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. Canadian Personal and Business Banking segment provides personal and business clients across Canada with financial advice, services and solutions through banking centers, mobile and online channels. Canadian Commercial Banking and Wealth Management segment provides relationship-oriented banking and wealth management services. U.S. Commercial Banking and Wealth Management segment is focused on middle-market and mid-corporate companies, entrepreneurs, high-net-worth individuals and families, as well as operating personal and small business banking services in six United States markets. Capital Markets segment provides integrated global markets products and services, investment banking and corporate banking solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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