Difference between revisions of "Neil McKinnon"
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|description=Canadian financier | |description=Canadian financier | ||
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| − | |birth_date= | + | |religion=Presbyterian |
| − | |birth_place= | + | |birth_date=n January 17, 1911 |
| − | |death_date= | + | |birth_place=Ontario, Canada |
| + | |death_date=August 4, 1975 | ||
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| + | '''Neil J. McKinnon''' was a Canadian banker. | ||
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| + | ==Career== | ||
| + | He joined the Canadian Bank of Commerce in 1925, and worked his way up to assistant general manager 1945-1952, general manager, 1952-1954, vice president, 1954-1956, president, 1956-1961, and chairman, 1959-1961.<ref name=pra/> | ||
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| + | He was President, chief Executive officer of [[Canadian Imperial Bank of Commerce]] (which was a merger of Canadian Bank of Commerce and Imperial Bank of Canada in 1961), 1961-1963, chairman chief Executive officer, 1963-1965, and chairman, 1965-1973.<ref name=pra/> | ||
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| + | ==Ousted== | ||
| + | The ''[[Globe and Mail]]'' wrote: Ever since the bank's imperial leader Neil McKinnon was ousted in a boardroom coup in [[1961]], the arrival of a new chief at CIBC has become synonymous with wrenching transitions and painful executive cleansings. Indeed, it was Mr. McKinnon who set the dramatic tone of the bank's long-running executive soap opera when he famously confronted the bank's directors for the last time with the parting remark: "I just wanted to see what a room full of bastards looks like."<ref>https://www.theglobeandmail.com/report-on-business/old-ways-confront-cibcs-new-boss/article4118955/</ref> | ||
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| + | ==Board positions== | ||
| + | As chairman of the Canadian Imperial Bank of Commerce McKinnon holds directorates in some of the biggest US-owned corporations such as [[Ford Motors|Ford Motor Company of Canada]], Trans-Canada Pipelines (Murchison interests of [[Texas]]), Campbell Soup, [[Honeywell]], International Nickel, Falconbridge Nickel Mines, along with directorships in many Canadian corporate giants.<ref name=pra>https://prabook.com/web/neil_john.mckinnon/1042344</ref><ref>https://www.marxists.org/archive/dowson/essays/1973-02Feb99part1.html</ref> | ||
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{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
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Latest revision as of 09:26, 19 September 2022
 Neil McKinnon  (banker) | |
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| Born | n January 17, 1911 Ontario, Canada |
| Died | August 4, 1975 (Age 64) |
| Nationality | Canadian |
| Religion | Presbyterian |
Canadian financier | |
Neil J. McKinnon was a Canadian banker.
Career
He joined the Canadian Bank of Commerce in 1925, and worked his way up to assistant general manager 1945-1952, general manager, 1952-1954, vice president, 1954-1956, president, 1956-1961, and chairman, 1959-1961.[1]
He was President, chief Executive officer of Canadian Imperial Bank of Commerce (which was a merger of Canadian Bank of Commerce and Imperial Bank of Canada in 1961), 1961-1963, chairman chief Executive officer, 1963-1965, and chairman, 1965-1973.[1]
Ousted
The Globe and Mail wrote: Ever since the bank's imperial leader Neil McKinnon was ousted in a boardroom coup in 1961, the arrival of a new chief at CIBC has become synonymous with wrenching transitions and painful executive cleansings. Indeed, it was Mr. McKinnon who set the dramatic tone of the bank's long-running executive soap opera when he famously confronted the bank's directors for the last time with the parting remark: "I just wanted to see what a room full of bastards looks like."[2]
Board positions
As chairman of the Canadian Imperial Bank of Commerce McKinnon holds directorates in some of the biggest US-owned corporations such as Ford Motor Company of Canada, Trans-Canada Pipelines (Murchison interests of Texas), Campbell Soup, Honeywell, International Nickel, Falconbridge Nickel Mines, along with directorships in many Canadian corporate giants.[1][3]
Event Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1965 | 2 April 1965 | 4 April 1965 | Italy Villa d'Este | The 14th Bilderberg meeting, held in Italy |
