Company News

In addition to four executives taking on new roles next month, the bank announced that former CFO Colleen Johnston is retiring next year

By IE Staff |

 

Toronto-Dominion Bank (TD) has announced several changes to its senior executive team as well as the retirement of a recent former chief financial officer (CFO).

The changes to the executive team, which take effect Nov. 1, include:

> Norie Campbell stepping into the role of group head, customer and colleague experience, with responsibility for human resources, marketing, corporate and public affairs, financial crimes and fraud management, as well as enterprise projects. She's currently group head and chief general counsel.

> Ellen Patterson taking over as group head, general counsel, with responsibility for legal, compliance and anti-money laundering. She's now executive vice president and general counsel with TD.

> Michael Rhodes becoming group head, innovation, technology and shared services with responsibility for technology, digital and direct channels, enterprise data and analytics, and Canadian collections. He's currently executive vice president with TD and head of consumer banking with its U.S. subsidiary.

> Leo Salom filling the role of group head, wealth management and TD Insurance. Currently, Salom is executive vice president, wealth management.

Furthermore, the bank announced that Colleen Johnston, group head, direct channels, technology, marketing and corporate and public affairs, will retire in April 2018 after almost 14 years with TD and a career that spans more than three decades.

"Colleen's passion energized her teams, and her contributions to TD and to the financial services industry are both significant and long-lasting," says Bharat Masrani, group president and CEO of TD, in a statement.

Johnston helped guide TD through the global financial crisis and played a key role in the bank's growth and North American expansion as CFO from 2005 to 2015. For the past two years, she helped reshape the bank, its technology capabilities and the digital and customer experience. From now until her retirement next spring, Johnston will lead a company-wide effort to refine and advance innovation efforts across the bank.

"TD is truly an outstanding organization and I have been fortunate to work with leaders and colleagues who are second to none," says Johnston in a statement.

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