TD Bank Group President And CEO Bharat Masrani To Retire April 10, 2025; Board Names Raymond Chun As Successor
Portfolio Pulse from Benzinga Newsdesk
TD Bank Group CEO Bharat Masrani will retire on April 10, 2025, after 38 years with the bank. Raymond Chun will succeed him as CEO, following a transition period starting November 1, 2024.
September 19, 2024 | 12:35 pm
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TD Bank Group announced the retirement of CEO Bharat Masrani in April 2025, with Raymond Chun named as his successor. This leadership transition is part of TD's succession plan.
The announcement of a planned CEO transition is significant for TD Bank Group as it ensures leadership continuity. However, since the transition is planned well in advance, the immediate impact on stock price is likely neutral.
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