Canadian Press NewsAlert:Scotiabank president to succeed Waugh as CEO in November

Rick Waugh, Scotiabank chief executive officer, left, chats with Brian Porter, company president, at the bank's annual meeting in Halifax on April 9, 2013. Waugh will retire as chief executive on Nov. 1, after a decade in the role and 43 years with the bank.The new CEO will be Brian Porter. THE CANADIAN PRESS/Andrew Vaughan

May 31, 2013 - 6:11 AM

TORONTO - Scotiabank says Rick Waugh will retire as chief executive offier on Nov. 1. He'll remain a director and become deputy chairman until Jan 31, 2014. The new CEO will be Brian Porter, who has been president of the bank since last November.

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News from © The Canadian Press, 2013

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