Richard Nesbitt

Richard William Nesbitt (born October 7, 1955) is a Canadian financial executive. He became CEO of CIBC World Markets on February 29, 2008, replacing former CIBC World Markets head Brian Shaw. [ [http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b010726A Canadian Business – The Canadian Press – January 7, 2008 - 9:46 a.m. – CIBC shakes up top management, TSX CEO Richard Nesbitt to head World Markets] ] [ [http://www.reportonbusiness.com/servlet/story/RTGAM.20080107.wnesbitt0107/BNStory/robNews/home The Globe and Mail, Report on Business, by Virginia Galt and Tara Perkins – January 7, 2008 at 10:44 AM EST – Subprime woes lead to shakeup at CIBC] ]

Until his resignation in January 2008, he was the CEO of TSX Group, which operates the Toronto Stock Exchange and the TSX Venture Exchange. He is on the Board of Directors of TSX Group, the World Federation of Exchanges, Market Regulation Services, CanDeal, Frontier College and the Prostate Cancer Research Foundation of Canada. Nesbitt was a governor (member of the board of directors) of the Toronto Stock Exchange from 1996 until December 1999. [cite web |url=http://www.tsx.com/en/pdf/bioRichardNesbitt.pdf |title= TSX Group, profile: Richard Nesbitt, Chief Executive Officer, TSX Group|accessdate=2008-01-08 |format=PDF |work= ]

He lives in Toronto, Ontario, Canada.

Education

Richard Nesbitt spent his elementary years going to a one-room schoolhouse located outside of the small town of Seaforth, Ontario. He attended middle school in Timmins, Ontario, and Central High School, located in Stratford, Ontario. Nesbitt holds an M.Sc. in Accounting and Finance from the London School of Economics and Political Science, an MBA from the University of Toronto, and a B.A.(Honours) in Business Administration from The University of Western Ontario Richard Ivey School of Business.

Past work

Nesbitt joined TSX Group in 2001. Earlier, he worked as President and Chief Operating Officer of BayStreetDirect Inc., an Internet-based investment dealer. Before that Nesbitt was President and Chief Executive Officer of HSBC Securities Canada for three years, after having worked for ten years at CIBC Wood Gundy. He also worked for Mobil Oil Canada Ltd., and spent two years as a lecturer at The University of Western Ontario, Richard Ivey School of Business.

References