Gerald T. McCaughey

Gerald T. McCaughey B.Comm (born 1956 in Winnipeg, Manitoba, Canada) is the former president and CEO of the Canadian Imperial Bank of Commerce.

Early years

McCaughey was born and grew up in Winnipeg and attended parish schools before moving to Montreal in 1970.

At 17 McCaughey left home to work on the railway tunnels in the BC Interior from 1973 to 1976. He returned to Montreal to study at Concordia University and working at a meat packing plant in Montreal.

McCaughey graduated with a bachelor of commerce degree (and took further bookkeeping courses) and joined Merril Lynch Canada as broker in 1981.

Career

At Merrill Lynch McCaughey worked his way across the company's operations in Winnipeg, Edmonton and Montreal.

In 1990 Merrill Lynch sold their private client operations in Canada to CIBC, McCaughey was an account executive and joined the then CIBC Wood Gundy.

Since joining CIBC, McCaughey has risen up the ranks within the bank: