Home Breadcrumb caret Industry News Breadcrumb caret Industry CIBC’s Richard Nesbitt to retire Richard Nesbitt, CIBC’s chief operating officer, has announced his intention to retire effective October 2015. By Staff | March 28, 2014 | Last updated on March 28, 2014 1 min read Richard Nesbitt, CIBC’s chief operating officer, has announced his intention to retire effective October 2015. Read: CIBC economist rips Carney’s currency policy “Richard has made significant contributions to CIBC, and the financial services industry as a whole, over the span of his exceptional career,” said Gerry McCaughey, president and CEO of CIBC. Also read: A weak dollar may benefit Canada When’s a 10% return better than 11%? Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo