He will be eligible for a $2 million bonus if he meets anti-money laundering remediation conditions and milestones.
The bank expedited Chun's appointment as CEO by more than two months, while also reducing outgoing CEO Bharat Masrani's annual salary by 89%.
It was an interesting day for Canadian banking giant Toronto-Dominion Bank (TSE:TD), as it not only modified some of its pay ...
Toronto Dominion Bank reduced its top executives’ pay last year, but also approved a conditional award of US$2 million to its ...
Toronto-Dominion Bank will award its head of U.S. retail banking Leo Salom a US$2-million retention bonus in recognition of ...
In the wake of the bank's regulatory woes related to failures in its anti-money laundering controls, Toronto-Dominion Bank ...
Canadian lender TD Bank appointed Guidepost Solutions as the compliance monitor for its anti-money laundering program after U ...
That included outgoing CEO Bharat Masrani, whose 2024 compensation was cut by 89%. In a statement Monday, Chun said TD intended to use about $5.6 billion of the proceeds to repurchase the company ...
Canadian lender TD Bank CEO Raymond Chun's 2024 compensation was set at C$11.4 million ($7.88 million), according to a ...