 In 2000, Fell relinquished his Deputy Chair title and was succeeded as CEO of RBC Capital Markets by Gord Nixon (who would succeed Cleghorn as CEO of RBC in 2001), and that year RBC DS was also rebranded to RBC Capital Markets (RBC CM).Fell remained Chairman of RBC CM until he retired in 2007.After retiring from RBC, Fell remains a corporate director.