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TD Bank CEO Steps Down Amidst Board Overhaul and Regulatory Penalties
TD Bank CEO Bharat Masrani is stepping down February 1st, ahead of schedule, and Chairman Alan MacGibbon will leave later this year, following a board overhaul and executive pay cuts due to US regulatory penalties for anti-money laundering failures; Raymond Chun is the incoming CEO.
TD Bank CEO Steps Down Amidst Board Overhaul and Regulatory Penalties
TD Bank CEO Bharat Masrani is stepping down February 1st, ahead of schedule, and Chairman Alan MacGibbon will leave later this year, following a board overhaul and executive pay cuts due to US regulatory penalties for anti-money laundering failures; Raymond Chun is the incoming CEO.
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