Today RBC announced that Charles (Chuck) Winograd, the chairman and CEO of RBC Capital Markets, is retiring from this position effective October 31, 2008 after a distinguished career with the firm and predecessor organizations that has spanned four decades. Chuck will remain with the bank to facilitate transition into January 2009.
"Chuck has led the transformation of our capital markets business to a significant and growing global concern," said Gordon Nixon, president and chief executive officer of RBC. "While Chuck will always credit this success story to the people in RBC Capital Markets, he played a strong and effective leadership role in our decisions to pursue new markets and enter new businesses, and the execution of these initiatives. He has also overseen our premier domestic Canadian capital markets franchise that is stronger than it has ever been."
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