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CAROLINA CORE FC ANNOUNCES CIBC AS OFFICIAL WEALTH MANAGEMENT PARTNER 

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CLUB’S MATCH AND TRAINING SHORTS TO FEATURE CIBC’S LOGO; PARTNERSHIP INCLUDES SPONSORSHIP OF CAROLINA CORE FC ACADEMY

HIGH POINT, NC (May 3, 2024) - Carolina Core FC, an independent club in MLS NEXT Pro, today announced CIBC, a leading North American financial institution, as Carolina Core FC’s exclusive and official wealth management partner.

“It is an honor to have CIBC as the official wealth management partner of Carolina Core FC,” said Carolina Core FC Principal Owner Megan Oglesby. “Their mission for supporting individuals, families and communities aligns with ours. CIBC is continuously recognized as a top firm in the US wealth management industry, and I can tell you firsthand it is because of their people, who are dedicated to helping clients realize their ambitions, just as we are doing at Carolina Core FC through soccer.”

The multiyear agreement designates CIBC as an official signature sponsor and wealth management partner of Carolina Core FC. The CIBC logo will be prominently displayed on the front of the Carolina Core FC’s and CCFC Academy’s match and training shorts. CIBC will also be featured on the front of the Dream Team Walkout Kids’ tops. Local child athletes will be selected as part of the Dream Team and will walk out onto the field with the professional players for the national anthem and starting lineups.

“CIBC Private Wealth is pleased to support Carolina Core FC and CCFC Academy as the official wealth management partner during the team’s debut season and beyond,” said John S. “Jack” Markwalter, Jr., chief executive officer of CIBC Private Wealth, US. “This partnership demonstrates CIBC’s commitment to further strengthen our relationship with soccer fans from coast to coast while promoting the growth of the sport at a grassroots level.”

Scott Thompson, president of CIBC Family Office, US, also notes that, “CIBC is honored to support Megan Oglesby as the second female principal owner in North American pro soccer. Her passion for the community has paved the way for an exciting venture that extends far beyond the soccer field.”

CIBC will also serve as a multiyear partner with Carolina Core FC’s MLS NEXT program, CCFC Academy. The Academy will be a fully funded scholarship program, helping to remove boundaries to playing at the highest level for eligible players. The U13 and U14 CCFC Academy teams will begin playing in fall 2024 with the CIBC logo on the front of their match and training shorts, mirroring the professional team.

"We are excited to join forces with CIBC as Carolina Core FC's official wealth management partner," said Chris Baretta, chief revenue officer of Carolina Core FC. "Together, we will create a positive impact for players, fans and communities alike."

ABOUT Carolina Core FC

Founded in 2022, Carolina Core FC is an independent professional men’s soccer club that will begin play in MLS NEXT Pro in 2024. The club’s local owners are dedicated to community development through its on-field and off-field activities. Carolina Core FC has diligently worked behind the scenes to build together its experienced executive staff, including High Point Native, Eddie Pope as the Chief Sporting Officer. Eddie is a former U.S. Men’s National Team, MLS legend and USSF Hall of Famer. #CCFC will play its home matches in High Point, N.C. at Truist Point, the $38 million stadium located in the revitalized downtown social district. Supporters can join the club by securing a season seat and ordering Carolina Core FC merchandise at www.carolinacorefc.com.

ABOUT MLS NEXT Pro

Launched in 2022 by Major League Soccer, MLS NEXT Pro is a professional men’s soccer league in the United States and Canada that completes the pro player pathway from MLS NEXT to MLS first teams. MLS NEXT Pro continues to grow the game through innovation and diversity, bringing professional soccer to new communities and creating opportunities both on and off the field. MLS NEXT Pro will celebrate its third season in 2024 with 29 teams, 27 MLS-affiliated and two independent, Carolina Core FC and Chattanooga FC. Additional MLS-affiliated and independent clubs will join in the years ahead, including Cleveland and Jacksonville Armada FC. The majority of MLS NEXT Pro’s matches are broadcast on MLS Season Pass on Apple TV as part of the groundbreaking partnership between Apple and MLS. For more information about MLS NEXT Pro, visit mlsnextpro.com.

ABOUT CIBC

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the US, CIBC Bank USA provides commercial banking, private and personal banking, and small-business banking solutions, and CIBC Private Wealth offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.

MEDIA CONTACTS:

Reese McCormick – Carolina Core

336.817.2863

Kristy Daube – CIBC

770.617.0591