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Toronto Dominion Bank ( (TSE:TD) ) has shared an update.
On January 17, 2025, TD announced an accelerated CEO transition, with Raymond Chun set to take over as Group President and CEO on February 1, 2025, ahead of the previously planned April date. This move comes as part of a broader leadership overhaul, including board and committee renewals, with several directors set to retire and new members proposed for election. The bank is also addressing executive compensation adjustments due to U.S. Anti-Money Laundering (AML) issues, significantly impacting the financial performance and operations. Concurrently, on January 23, 2025, TD appointed Jacqueline Sanjuas as the new Global Head of Financial Crime Risk Management, reflecting ongoing efforts to strengthen its compliance and risk management frameworks.
More about Toronto Dominion Bank
The Toronto-Dominion Bank (TD) operates in the financial services industry, providing a range of banking products and services. It is focused on serving markets in Canada, the United States, and internationally. The bank is known for its emphasis on retail and commercial banking, wealth management, and financial risk management.
YTD Price Performance: 9.06%
Average Trading Volume: 2,359,338
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $99.95B
For detailed information about TD stock, go to TipRanks’ Stock Analysis page.
