TD Banknorth Names Masrani as CEO

Financial Post, Duncan Mavin, 24 October 2006Toronto-Dominion Bank's role in replacing the chief executive of its U.S. retail banking subsidiary with a Canadian manager is a strategic about-face, analysts said.Portland, Maine-based TD Banknorth said 19-year TD banker Bharat Masrani will become the next chief executive in March, 2007, replacing local Banknorth-veteran Bill Ryan who will stay on as