Sunday, August 17, 2014

W. Edmund Clark: TD Bank Group CEO

W. Edmund Clark was born on October 10, 1947 in Ontario, Canada. In 1969 he graduated with a Bachelor of Arts degree from the University of Toronto. Ed obtained his Master’s degree from Harvard University in 1971 and went on to earn his Doctorate in Economics from the same university in 1974.

He joined the government after graduating and worked as a civil servant until 1984. Ed held a number of senior positions in the federal government. He then joined Merrill Lynch in 1985. Three years later he was named Chairman and Chief Executive Officer of Morgan Financial Corporation. Ed held this position until he joined Canada Trust Financial Services in 1991.

Continuing his upward trajectory Ed became the President and Chief Executive Officer of Canada Trust Financial Services. TD (Toronto-Dominion Bank) acquired Canada Trust Financial Services in February 2000. He then joined TD Bank Group as Chairman and Chief Executive officer of TD Canada Trust. In this role Ed led the successful integration of the TD and Canada Trust banking operations. He then served as President and Chief Operation Officer beginning July 2000.

Ed was named Group President and Chief Executive Officer of TD Bank Group on December 20, 2002. He announced his intention to retire as President and CEO effective November 1, 2014 at the age of 67. Ed will have served as CEO for around 12 years.

He has received honorary degrees from Mount Allison University, Queen’s University, and the University of Western Ontario.

Ed was the 2010 Cabinet Chair of United Way Toronto, and is currently a member of the Chair’s Advisory Council for Habitat for Humanity Toronto, and provides support to WoodGreen Community Services, an organization that delivers programs to build sustainable communities in the Toronto area. He is also chair of the Advisory Board for the School of Public Policy and Governance at the University of Toronto. In 2014, Ed was elected to the Board of Trustee of U.S. policy organization, the Brookings Institute. 

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