CIBC to CEO? How is this possible
https://www.bloomberg.com/research/stocks/private…
I just read about this guy who’s ceo of a big but kinda boring REIT (read his bio above). He’s making $3mil a year and is a ceo at 41. Very impressive. But here’s where things get weird
He did his analyst years at CIBC in the leveraged finance group... how does a guy become successful after starting at CIBC? Frankly that bank seems like a death sentence. It looks like he worked at a major PE fund after CIBC. Do you think he had to bribe someone, do sexual favors, or have his dad call in favors in order to get the job at Farallon after CIBC?
AND he was at Farallon for 11 years, so how did he keep up the charade for that long!?Surely they wanted his ass out of there given that Farallon hires from top tier investment banks. What is this guys secret?
For those who know people at CIBC, can you imagine a path where one of those guys becomes a ceo? Do you think they’d do sexual favors to get there?
Sorry for rambling but my whole world has been turned upside down. Next thing you know, people from Deloitte will be becoming CEOs - it’s just ludicrous
If he was at CIBC in 99-00, they broke into the top 10 league tables for high yield at that point. Their US operation now is a shadow of what it was, they started scaling back heavily in the 2000s
Obviously you're a shitty troll, but in real life, you're promoted on performance not "prestige". Previous employer helps but delivering raw results always outweighs anything else.
Most ridiculous comment I’ve read in a while
Why do you sound like a sour intern who didn't get a return offer from CIBC though
Is there an award for most embarrassing post on WSO? This kid gets it.
Stick around, he (or she) gets outdone on a regular basis. Unfortunately.
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