The Toronto-Dominion Bank

TSX:TD Stock Report

Market Cap: CA$131.1b

Toronto-Dominion Bank Management

Management criteria checks 4/4

Toronto-Dominion Bank's CEO is Bharat Masrani, appointed in Nov 2014, has a tenure of 9.58 years. total yearly compensation is CA$13.38M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth CA$95.44M. The average tenure of the management team and the board of directors is 2.6 years and 9.3 years respectively.

Key information

Bharat Masrani

Chief executive officer

CA$13.4m

Total compensation

CEO salary percentage11.2%
CEO tenure9.6yrs
CEO ownership0.07%
Management average tenure2.6yrs
Board average tenure9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bharat Masrani's remuneration changed compared to Toronto-Dominion Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2024n/an/a

CA$11b

Jan 31 2024n/an/a

CA$11b

Oct 31 2023CA$13mCA$1m

CA$10b

Jul 31 2023n/an/a

CA$14b

Apr 30 2023n/an/a

CA$14b

Jan 31 2023n/an/a

CA$15b

Oct 31 2022CA$15mCA$1m

CA$17b

Jul 31 2022n/an/a

CA$14b

Apr 30 2022n/an/a

CA$15b

Jan 31 2022n/an/a

CA$15b

Oct 31 2021CA$13mCA$1m

CA$14b

Jul 31 2021n/an/a

CA$15b

Apr 30 2021n/an/a

CA$14b

Jan 31 2021n/an/a

CA$12b

Oct 31 2020CA$11mCA$1m

CA$12b

Jul 31 2020n/an/a

CA$9b

Apr 30 2020n/an/a

CA$10b

Jan 31 2020n/an/a

CA$12b

Oct 31 2019CA$13mCA$1m

CA$11b

Jul 31 2019n/an/a

CA$12b

Apr 30 2019n/an/a

CA$11b

Jan 31 2019n/an/a

CA$11b

Oct 31 2018CA$15mCA$1m

CA$11b

Jul 31 2018n/an/a

CA$11b

Apr 30 2018n/an/a

CA$10b

Jan 31 2018n/an/a

CA$10b

Oct 31 2017CA$12mCA$1m

CA$10b

Compensation vs Market: Bharat's total compensation ($USD9.75M) is about average for companies of similar size in the Canadian market ($USD8.39M).

Compensation vs Earnings: Bharat's compensation has been consistent with company performance over the past year.


CEO

Bharat Masrani (67 yo)

9.6yrs

Tenure

CA$13,383,751

Compensation

Mr. Bharat B. Masrani has been Director of The 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...


Leadership Team

NamePositionTenureCompensationOwnership
Bharat Masrani
Group President9.6yrsCA$13.38m0.073%
CA$ 95.4m
Kelvin Vi Tran
Group Head & CFO2.8yrsCA$4.33m0.00099%
CA$ 1.3m
Riaz Ahmed
Group Head of Wholesale Banking20.4yrsCA$8.13m0.027%
CA$ 35.1m
Leovigildo Salom
Group Head U.S. Retail and President & CEO of America's Most Convenient Bank6.6yrsCA$6.40m0%
CA$ 0
Salma Salman
Chief Accountant & Senior VP of Financeno datano datano data
Greg Keeley
Senior Executive Vice President of Technology & Platforms2.4yrsno data0%
CA$ 0
Judy Dinn
Chief Information Officer2.5yrsno datano data
Brooke Hales
Head of Investor Relationsno datano datano data
Jane Langford
Executive VP & General Counsel2.4yrsno data0.000020%
CA$ 26.2k
Renu Gupta
Senior Vice President of Corporate Developmentno datano datano data
Betsey Chung
EVP & Global Chief Marketing Officerno datano datano data
Melanie Burns
Executive VP & Chief Human Resources Officerless than a yearno data0.00047%
CA$ 616.4k

2.6yrs

Average Tenure

Experienced Management: TD's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bharat Masrani
Group President10.2yrsCA$13.38m0.073%
CA$ 95.4m
Claude Mongeau
Independent Director9.3yrsCA$272.50k0.0026%
CA$ 3.4m
Karen Maidment
Independent Director12.8yrsCA$648.60k0.00066%
CA$ 865.5k
Amy Brinkley
Independent Director13.8yrsCA$794.04k0.00014%
CA$ 183.6k
Mary Winston
Independent Director1.8yrsCA$579.92k0.000010%
CA$ 13.1k
Colleen Goggins
Independent Director12.3yrsCA$280.00k0.00050%
CA$ 655.7k
S. Rowe
Independent Director4.2yrsCA$262.50k0.00091%
CA$ 1.2m
Ajay Virmani
Independent Director1.8yrsCA$260.00k0.00067%
CA$ 878.6k
Brian Ferguson
Independent Director9.3yrsCA$282.50k0.00026%
CA$ 341.0k
Nancy Tower
Independent Director2yrsCA$291.25k0.000060%
CA$ 78.7k
Alan MacGibbon
Independent Chairman10.2yrsCA$857.65k0.00023%
CA$ 301.6k
Cherie Brant
Independent Director2.8yrsCA$260.00k0.000090%
CA$ 118.0k

9.3yrs

Average Tenure

66yo

Average Age

Experienced Board: TD's board of directors are considered experienced (9.3 years average tenure).


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