Frank McKenna - Toronto Dominion Deputy Chair, TD Bank Group
| TD Stock | CAD 83.13 3.53 4.43% |
Executive
The Hon. Frank J. McKenna is a Deputy Chair, TD Bank Group subsidiary of the Company. He is responsible for supporting the Bank in its customer acquisition strategy, particularly in the area of Wholesale and Commercial Banking. Prior to joining TDBFG, he was posted to Washington, D.C. and served as the Canadian Ambassador to the United States of America from 2005 to 2006. Previously he served as Counsel to the Atlantic Canada law firm of McInnes Cooper and Consulting Counsel to Osler Hoskin and Harcourt in Toronto. Frank served as Premier of New Brunswick from 19871997, winning three elections before honouring the promise he made when elected that he would not stay a day beyond 10 years. Mr. McKenna graduated from St. Francis Xavier University with a Bachelor of Arts, completed his postgraduate studies in political science at Queen University and graduated from the University of New Brunswick Law School as a silver medalist since 2006.
| Age | 71 |
| Tenure | 19 years |
| Professional Marks | Ph.D |
| Phone | 866 222 3456 |
| Web | https://www.td.com |
Toronto Dominion Management Efficiency
Toronto Dominion's management efficiency ratios could be used to measure how well Toronto Dominion manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0733 | |||
| Return On Asset | 0.0043 |
Toronto Dominion Bank Leadership Team
Elected by the shareholders, the Toronto Dominion's board of directors comprises two types of representatives: Toronto Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Toronto. The board's role is to monitor Toronto Dominion's management team and ensure that shareholders' interests are well served. Toronto Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Toronto Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Norie Campbell, Group Head - Legal, Compliance and Anti Money Laundering, and General Counsel | ||
| Robert Dorrance, Group Head of Wholesale Banking, Chairman of TD Securities, CEO of TD Securities and President of TD Securities | ||
| Theresa Currie, Group Head - Direct Channels, Marketing, Corporate Shared Services and People Strategies, | ||
| Bharat Masrani, Group President, Chief Executive Officer, Non-Independent Director | ||
| Nadir Mohamed, Independent Director | ||
| Salma Salman, Chief Finance | ||
| Alan MacGibbon, Independent Director | ||
| David Kepler, Independent Director | ||
| Michael Rhodes, Group Head, Innovation, Technology and Shared Services, TD Bank Group | ||
| Kelvin Tran, Group CFO | ||
| Riaz Ahmed, Group Head and Chief Financial Officer | ||
| Greg Keeley, Senior Platforms | ||
| JeanRene Halde, Independent Director | ||
| Colleen Goggins, Independent Director | ||
| Melanie Burns, Executive Officer | ||
| Ellen Patterson, Group Head, General Counsel | ||
| Karen Maidment, Independent Director | ||
| Ajai Bambawale, Group Head and Chief Risk Officer | ||
| Raymond Chun, COO Director | ||
| Frank McKenna, Deputy Chair, TD Bank Group | ||
| Irene Miller, Independent Director | ||
| Gregory Braca, Group Head, U.S. Banking, TD Bank Group and President and Chief Executive Officer, TD Bank, America's Most Convenient Bank | ||
| Kelvin CFA, Group CFO | ||
| Drew MacIntyre, Vice VP | ||
| Brian Ferguson, Independent Director | ||
| Brooke Hales, Head Relations | ||
| Erin Morrow, Chief Officer | ||
| Renu Gupta, Strategy Development | ||
| Brian Levitt, Non-Executive Independent Chairman of the Board | ||
| Leovigildo Salom, Group Head, Wealth Management and TD Insurance, TD Bank Group | ||
| Claude Mongeau, Independent Director | ||
| Jane Langford, Executive Counsel | ||
| Paul Douglas, Executive Vice President - Canadian Business Banking, TD Bank Group | ||
| Judy Dinn, Chief Officer | ||
| Amy Brinkley, Independent Director | ||
| Lisa Reikman, Senior Banking |
Toronto Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Toronto Dominion a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0733 | |||
| Return On Asset | 0.0043 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 49.77 B | |||
| Shares Outstanding | 1.75 B | |||
| Shares Owned By Insiders | 0.08 % | |||
| Shares Owned By Institutions | 59.57 % | |||
| Number Of Shares Shorted | 54.51 M | |||
| Price To Earning | 11.70 X |
Pair Trading with Toronto Dominion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.Moving against Toronto Stock
The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.