Director Information
YOUR DIRECTOR NOMINEES This year, we have nine nominees standing for election as directors of CWB, to hold office until the end of our next annual shareholders’ meeting. All of the nominated individuals are currently CWB directors and were elected at the last annual shareholders’ meeting on April 6, 2023. Christopher H. Fowler, our President and CEO, is the only non-independent director nominee, as the Bank Act requires that the CEO be a member of CWB’s Board. The director biographies below provide detailed information about each nominee, including their age (at the date of the annual meeting), education, expertise, other public company board memberships, committee memberships, meeting attendance, equity ownership, and voting results from last year’s director election. The value o f common shares, DSUs for independent directors, and RSUs and PSUs for Mr. Fowler, are valued at the closing price of the common shares on the TSX on January 29, 2024 for 2024 ($29.99) and January 31, 2023 for 2023 ($28.12). Effective May 1, 2023, all independent directors must hold, either directly or indirectly, CWB common shares or DSUs with a value equivalent to $665,000, and the Chair of the Board must hold, either directly or indirectly, CWB common shares or DSUs with a value of $1,000,000. All independent directors, including the Chair of the Board, have three years to meet the increased requirement.
ANDREW J. BIBBY
Board/Committee Membership
Attendance (92% Overall)
10 of 11 (1)
Board of Directors HR Committee Risk Committee
Vancouver, British Columbia, Canada Age: 66 Director Since: 2012 Independent
5 of 6 (1)
7 of 7
Total
22 of 24
Results of 2023 vote: 99.0% for
Mr. Bibby is a Corporate Director. He was previously the CEO of Grosvenor Americas Partners, a property investment and development partnership. Mr. Bibby currently serves on the board of UBC Properties Trust. Mr. Bibby received a Bachelor of Commerce from the University of British Columbia, a Master of Philosophy from Oxford University, and completed the Advanced Management Program at Harvard Business School.
Other Public Company Directorships During the Last Five Years
Role on Current Other Boards and Committees
-
-
Equity Ownership
Common Shares
Total Common Shares and DSUs
Total Value of Common Shares and DSUs ($)
Total Amount at Risk as a Multiple of Equity Requirement
Total Amount at Risk as a Multiple of Applicable Annual Retainer
Year
DSUs
2024
12,762
26,152
38,914
1,167,031
1.8
6.1
2023
12,153
21,853
34,006
956,249
1.7
5.5
(1) Mr. Bibby was absent from one special meeting of the Board and one special meeting of the HR Committee. Special meetings are generally held on short notice.
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