Neil McKinnon
 Neil McKinnon  (banker) | |
|---|---|
 | |
| 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 |
