CIBC Announces Leadership Change: Harry Culham Named CEO

Cigna has announced significant leadership changes effective March 31, 2025, with Brian C. Evanko appointed as President and COO, and Ann M. Dennison as CFO. This restructuring aims to streamline operations and enhance customer focus, as emphasized by CEO David Cordani. Concurrently, the Canadian Imperial Bank of Commerce (CIBC) is undergoing its own leadership transition, with Victor Dodig set to retire on October 31, 2025, and Harry Culham taking over as CEO on November 1. CIBC's strategic realignment is focused on leveraging Culham's banking experience to navigate economic challenges and expand its US operations. Both companies are positioning themselves for future growth and stability amid varying market conditions. The leadership shifts reflect broader trends in the financial sector towards adaptive management in response to economic uncertainties.