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L. Stuart Mackersy

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203:. Mackersy began his career with the Imperial Bank in 1911. After serving as an artillery officer in the war, he rejoined the bank and, over the ensuing decades, received a series of managerial positions. He was assigned to the head office in Toronto in 1943, became president in 1953, and chairman in 1956. In October 1960, Mackersy initiated the discussions that resulted in the formation of the CIBC. After the merger in 1961, he became the new bank's first chairman, remaining in office until 1963. He retired as a director in 1966, and died in 1973 at age 82. 228:
Winnipeg, and in January 1942 manager in Winnipeg. In October 1943 he was transferred to the head office in Toronto where he became general supervisor. He was appointed assistant general manager in October 1944, and general manager in January 1950. Mackersy was elected a director in 1951. In 1953, he was appointed president, succeeding Iredell Killaly Johnston, who died unexpectedly in February of that year. Mackersy remained president until 1956, when he was elected chairman of the board.
239:. The first meeting happened secretively at McKinnon's house at 116 Dunvegan Road. The two men arrived quicky at an agreement, and on 1 June 1961, the banks merged to form the Canadian Imperial Bank of Commerce. Upon the merger, McKinnon became president and Mackersy became chairman. Mackersy remained in office until 23 May 1963. He remained a director until his retirement in December 1966. 227:
After the war, Mackersy rejoined the bank in Vancouver. In January 1923 he was appointed an accountant in Nelson, British Columbia, and then in April 1927 an accountant in Edmonton. In August 1929 he was appointed assistant manager in Edmonton, in February 1936 assistant western superintendent in
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and Mary Luke Callum. Mackersy came to Canada in 1911 and that December joined the Imperial Bank in Toronto and was sent to the bank's branch in Red Deer, Alberta.
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Arnold Edinborough, A History of the Canadian Imperial Bank of Commerce: Volume IV, 1931-1973, (Canadian Imperial Bank of Commerce, 1995), 174.
195:(21 April 1891 – 19 July 1973) was a Scottish-Canadian banker who served from 1953 to 1956 as president and from 1956 to 1961 chairman of the 358: 254:. They had three daughters, Monica (1923–2008), Joan (–2003), and Anne. Mackersy died in Toronto on 19 July 1973 at age 82. 200: 353: 368: 243: 80: 348: 236: 221: 162: 196: 184: 152: 343: 338: 235:, Mackersy opened merger discussion with Neil John McKinnon, president and chairman of the 232: 213: 8: 51: 69: 191: 122: 332: 211:
Mackersy was born in Edinburgh on 21 April 1891 to William Robert Mackersy
134: 172: 30: 251: 247: 199:, and then from 1961 to 1963 as the first chairman of the 224:
in Malta and France. He was awarded the military cross.
246:, Mackersy married Gladys Kyle Osborn (1893–1965) of 220:
In World War I, Mackersy served as an officer in the
270:"Imperial Bank names Mackersy as new president," 330: 318:"Lindsay S. Mackersy, Commerce Bank head," 231:In October 1960, fearful of a takeover by 29: 364:Canadian Imperial Bank of Commerce people 331: 283:"Bank names J. S. Proctor president," 16:Scottish-Canadian banker (1891–1973) 13: 359:Canadian Imperial Bank of Commerce 201:Canadian Imperial Bank of Commerce 14: 380: 99: 312: 299: 290: 277: 264: 1: 257: 206: 7: 10: 385: 309:, (21 September 1918), 3. 237:Canadian Bank of Commerce 178: 168: 158: 148: 140: 128: 118: 113: 109: 86: 76: 58: 37: 28: 21: 354:Canadian bank presidents 242:On 14 September 1918 at 222:Royal Garrison Artillery 163:Royal Garrison Artillery 197:Imperial Bank of Canada 188:Lindsay Stuart Mackersy 81:George Watson's College 369:People from Edinburgh 322:, (21 July 1973), 84. 274:, (5 March 1953), 20. 141:Years of service 287:, (31 May 1956), 32. 233:Barclays Bank Canada 305:"Mackersy–Osborn," 244:Christ Church Crewe 52:Edinburgh, Scotland 92:Gladys Kyle Osborn 23:L. Stuart Mackersy 182: 181: 376: 349:Canadian bankers 323: 316: 310: 303: 297: 294: 288: 281: 275: 268: 216: 194: 130: 103: 101: 70:Toronto, Ontario 65: 47: 45: 33: 19: 18: 384: 383: 379: 378: 377: 375: 374: 373: 329: 328: 327: 326: 317: 313: 307:Crewe Chronicle 304: 300: 295: 291: 282: 278: 269: 265: 260: 212: 209: 190: 114:Military career 105: 102: 1918) 97: 93: 72: 67: 63: 54: 49: 43: 41: 24: 17: 12: 11: 5: 382: 372: 371: 366: 361: 356: 351: 346: 341: 325: 324: 311: 298: 289: 285:Globe and Mail 276: 272:Globe and Mail 262: 261: 259: 256: 208: 205: 180: 179: 176: 175: 170: 166: 165: 160: 156: 155: 150: 146: 145: 142: 138: 137: 132: 126: 125: 123:United Kingdom 120: 116: 115: 111: 110: 107: 106: 95: 91: 90: 88: 84: 83: 78: 74: 73: 68: 66:(aged 82) 60: 56: 55: 50: 39: 35: 34: 26: 25: 22: 15: 9: 6: 4: 3: 2: 381: 370: 367: 365: 362: 360: 357: 355: 352: 350: 347: 345: 342: 340: 337: 336: 334: 321: 315: 308: 302: 293: 286: 280: 273: 267: 263: 255: 253: 249: 245: 240: 238: 234: 229: 225: 223: 218: 215: 204: 202: 198: 193: 189: 186: 177: 174: 171: 167: 164: 161: 157: 154: 151: 147: 143: 139: 136: 133: 127: 124: 121: 117: 112: 108: 89: 85: 82: 79: 75: 71: 61: 57: 53: 48:21 April 1891 40: 36: 32: 27: 20: 320:Toronto Star 319: 314: 306: 301: 292: 284: 279: 271: 266: 241: 230: 226: 219: 210: 187: 183: 169:Battles/wars 135:British Army 64:(1973-07-19) 62:19 July 1973 344:1973 deaths 339:1891 births 173:World War I 333:Categories 258:References 119:Allegiance 44:1891-04-21 207:Biography 144:1914–1919 77:Education 252:Cheshire 248:Nantwich 129:Service/ 104:​ 96:​ 131:branch 87:Spouse 185:Major 153:Major 98:( 94: 159:Unit 149:Rank 59:Died 38:Born 335:: 250:, 214:WS 192:MC 100:m. 46:) 42:(

Index


Edinburgh, Scotland
Toronto, Ontario
George Watson's College
United Kingdom
British Army
Major
Royal Garrison Artillery
World War I
Major
MC
Imperial Bank of Canada
Canadian Imperial Bank of Commerce
WS
Royal Garrison Artillery
Barclays Bank Canada
Canadian Bank of Commerce
Christ Church Crewe
Nantwich
Cheshire
Categories
1891 births
1973 deaths
Canadian bankers
Canadian bank presidents
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce people
People from Edinburgh

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