Toronto-Dominion Bank Management
Management criteria checks 3/4
Toronto-Dominion Bank's CEO is Bharat Masrani, appointed in Nov 2014, has a tenure of 9.58 years. total yearly compensation is CA$15.08M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth CA$88.22M. The average tenure of the management team and the board of directors is 2 years and 9.6 years respectively.
Key information
Bharat Masrani
Chief executive officer
CA$15.1m
Total compensation
CEO salary percentage | 9.6% |
CEO tenure | 9yrs |
CEO ownership | 0.06% |
Management average tenure | 2yrs |
Board average tenure | 9.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jul 31 2023 | n/a | n/a | CA$14b |
Apr 30 2023 | n/a | n/a | CA$14b |
Jan 31 2023 | n/a | n/a | CA$15b |
Oct 31 2022 | CA$15m | CA$1m | CA$17b |
Jul 31 2022 | n/a | n/a | CA$14b |
Apr 30 2022 | n/a | n/a | CA$15b |
Jan 31 2022 | n/a | n/a | CA$15b |
Oct 31 2021 | CA$13m | CA$1m | CA$14b |
Jul 31 2021 | n/a | n/a | CA$15b |
Apr 30 2021 | n/a | n/a | CA$14b |
Jan 31 2021 | n/a | n/a | CA$12b |
Oct 31 2020 | CA$11m | CA$1m | CA$12b |
Jul 31 2020 | n/a | n/a | CA$9b |
Apr 30 2020 | n/a | n/a | CA$10b |
Jan 31 2020 | n/a | n/a | CA$12b |
Oct 31 2019 | CA$13m | CA$1m | CA$11b |
Jul 31 2019 | n/a | n/a | CA$12b |
Apr 30 2019 | n/a | n/a | CA$11b |
Jan 31 2019 | n/a | n/a | CA$11b |
Oct 31 2018 | CA$15m | CA$1m | CA$11b |
Jul 31 2018 | n/a | n/a | CA$11b |
Apr 30 2018 | n/a | n/a | CA$10b |
Jan 31 2018 | n/a | n/a | CA$10b |
Oct 31 2017 | CA$12m | CA$1m | CA$10b |
Compensation vs Market: Bharat's total compensation ($USD10.88M) is above average for companies of similar size in the Canadian market ($USD8.21M).
Compensation vs Earnings: Bharat's compensation has been consistent with company performance over the past year.
CEO
Bharat Masrani (66 yo)
9yrs
Tenure
CA$15,076,267
Compensation
Mr. Bharat B. Masrani has been Director of Charles Schwab Corporation since October 06, 2020. He has been Chief Executive Officer and Group President at The Toronto-Dominion Bank since November 1, 2014. Mr...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group President | 9yrs | CA$15.08m | 0.063% CA$ 88.2m | |
Group Head & CFO | 2.2yrs | CA$4.53m | 0.00096% CA$ 1.3m | |
Group Head of Wholesale Banking | 19.8yrs | CA$8.79m | 0.025% CA$ 35.3m | |
Group Head U.S. Retail and President & CEO of America's Most Convenient Bank | 6yrs | CA$8.06m | 0% CA$ 0 | |
Group Head of Canadian Personal Banking | 1.8yrs | CA$6.84m | 0% CA$ 0 | |
Chief Accountant & Senior VP of Finance | no data | no data | no data | |
Senior Executive Vice President of Technology & Platforms | 1.8yrs | no data | 0% CA$ 0 | |
Chief Information Officer | 1.9yrs | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Executive VP & General Counsel | 1.8yrs | no data | 0.000010% CA$ 14.0k | |
Senior Vice President of Corporate Development | no data | no data | no data | |
EVP & Global Chief Marketing Officer | no data | no data | no data |
2.0yrs
Average Tenure
Experienced Management: TD.PFK's management team is considered experienced (2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group President | 9.6yrs | CA$15.08m | 0.063% CA$ 88.2m | |
Senior VP | less than a year | no data | no data | |
Independent Director | 8.7yrs | CA$266.50k | 0.0025% CA$ 3.5m | |
Independent Director | 12.2yrs | CA$634.68k | 0.00064% CA$ 893.4k | |
Independent Director | 13.2yrs | CA$724.57k | 0.00013% CA$ 181.5k | |
Independent Director | 9.9yrs | CA$295.00k | 0.00039% CA$ 544.4k | |
Independent Non-Executive Chairman of the Board | 14.9yrs | CA$502.50k | 0.0017% CA$ 2.3m | |
Independent Director | 11.7yrs | CA$277.00k | 0.00049% CA$ 684.0k | |
Independent Director | 3.6yrs | CA$258.00k | 0.00081% CA$ 1.1m | |
Independent Director | 8.7yrs | CA$275.00k | 0.00025% CA$ 349.0k | |
Independent Director | 9.6yrs | CA$704.20k | 0.00023% CA$ 321.0k | |
Independent Director | 2.3yrs | CA$255.50k | 0.000080% CA$ 111.7k |
9.6yrs
Average Tenure
66yo
Average Age
Experienced Board: TD.PFK's board of directors are considered experienced (9.6 years average tenure).