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Posted AT 9:59 PM EDT on 03/08/05

Investors eye Hunkin's pay

From Thursday's Globe and Mail

Canadian Imperial Bank of Commerce shareholders are asking that former chief executive officer John Hunkin and other departed officials be forced to give up some of their past compensation in light of an unprecedented $2.4-billion (U.S.) legal settlement the bank struck with Enron investors this week. Mr. Hunkin officially retired on Friday, taking with him about $52-million (Canadian) in stock and other securities.

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