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Bullboard - Stock Discussion Forum Toronto-Dominion Bank T.TD

Alternate Symbol(s):  TD | TDBCP | T.TD.PF.A | TDOPF | T.TD.PF.C | T.TD.PF.D | TDBKF | T.TD.PF.E | TDOMF | T.TD.PF.I | T.TD.PF.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial... see more

TSX:TD - Post Discussion

Toronto-Dominion Bank > Succession Management
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Post by Dibah420 on Jul 09, 2024 4:49pm

Succession Management

Masrani was appointed CEO in 2014.  Almost ten years into his tenure.  He is also 68 years old.  A tad long in the tooth, candidly, on either metric.  Members of the board, at least the ones who are future oriented, ought to be looking at suitable candidates.  Whether they settle on an internal or an external candidate, it can't be a "business as usual" one.  The candidate should have a strong record on compliance and on running a tight ship in order to regain the confidence of investors.  And sooner the transition, the better.
Cheers.
Comment by Ocalaman on Jul 09, 2024 8:23pm
His long tenure is exactly why it's going to be longer than it should be, every suitable internal candidate has jumped ship for greener pastures because he's plugged up the natural succession path for the high fliers. So now when they need fresh blood more than ever thier gone. WB is,of course,the only exception to the rule. 
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