Group President and CEO of TD Bank Group (TD) to Receive Award at
TORONTO, Jan. 13 /CNW/ - Ed Clark, Group President and Chief Executive Officer, TD Bank Group,
will address Canada's prominent business leaders and receive the 2011
Ivey Business Leader Award at a gala dinner on October 19, 2011.
Following TD's acquisition of Canada Trust Financial Services in
February of 2000, where Mr. Clark had been President and Chief
Executive Officer, he joined TD as Chairman and Chief Executive Officer
of TD Canada Trust. In this role, he oversaw the successful integration
of the TD and Canada Trust banking operations.
Mr. Clark was appointed President and Chief Executive Officer of TD in
2002. Since then the bank's market cap has more than tripled in size
and TD's stock price is two and a half times higher.
Mr. Clark continues to serve in additional capacities as Chairman of the
Board of TD Bank US Holding Company and its subsidiary banks, and also
serves as Vice-Chairman of the Board of TD Ameritrade Holding
Mr. Clark's rich history of success in the banking and financial
services industry began in 1985, when he joined Merrill Lynch. Three
years later he was appointed Chairman and Chief Executive Officer of
Morgan Financial Corporation, a position he held until he joined Canada
Trust in 1991. From 1974 to 1984, Mr. Clark held a number of senior
positions in the federal government.
"Ed Clark's track record of overseeing large financial institutions
across Canada is equalled by his philanthropic spirit and commitment to
giving back," said Carol Stephenson, Dean, Richard Ivey School of
Business. "Ed is an exemplary role model for Ivey students. Through his
professional success and charitable support, he embodies the Ivey
mission statement of thinking globally, acting strategically and
contributing to the society in which you live."
Created in 1991 by the Ivey Alumni Association/Toronto Chapter, the Ivey
Business Leader Award honours individuals and organizations who have
made a significant contribution to the advancement of business in
Canada, and reflect the ideals of the Richard Ivey School of Business.
"It is a privilege to honour Ed Clark for his accomplishments," said
Paul Atkinson, Managing Director of Southwest Sun Inc., a diversified
investment company, and Co-chair of the Ivey Business Leader Award
Committee. "Under his leadership, TD has become the leader in consumer
banking and community involvement."
Mr. Clark's philanthropic outreach supports several important causes. He
is the 2010 Chair of the United Way for the Greater Toronto Area, a
member of the Board of Directors of the C.D. Howe Institute, 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.
In 2010 Mr. Clark was appointed to the Order of Canada - one of the
country's highest distinctions - for his "contributions to Canada's
banking and financial industry, and for his voluntary and philanthropic
endeavours." In 2010, Ed also received Egale's Leadership Award in
honor of his support of LGBT (Lesbian Gay Bisexual Transgender)
communities, and the inaugural Catalyst Canada Honour, awarded to
individuals who have made a critical and visible difference to women's
Mr. Clark joins an esteemed list of past Ivey Business Leader Award
recipients demonstrating leadership in both business and their
communities. Past recipients of the award include:
2010 - Peter Munk, Founder and Chairman of Barrick Gold Corporation
2009 - Richard J. Currie, Past Chairman, BCE Inc. and former President,
Loblaw Companies Limited and George Weston Limited
2008 - Dominic D'Alessandro, President & CEO, Manulife Financial
2007 - Claude Lamoureux, President & CEO and Robert Bertram, Executive
Vice-President, Investments, Ontario Teachers' Pension Plan
2006 - Isadore Sharp, Chairman and CEO, Four Seasons Hotels Inc.
2005 - Peter Godsoe, former Chairman and CEO, The Bank of Nova Scotia
2002 - Gwyn Morgan, President and CEO, EnCana Corporation
2001 - Harrison McCain, Chairman, McCain Foods Limited, and G. Wallace
McCain, Chairman, Maple Leaf Foods Inc.
2000 - Purdy Crawford, Chairman, AT&T Canada; former Chairman Imasco and
1999 - Fairfax Financial Holdings Limited, led by Prem Watsa, Chairman
1998 - Paul Desmarais, Chairman of the Executive Committee, Power
Corporation of Canada
1997 - Frank Stronach, Chairman of the Board, Magna International Inc.
1996 - Jean C. Monty, President and CEO, Northern Telecom Limited
1995 - R. Jack Lawrence, Deputy Chairman, Nesbitt Burns Inc.
1994 - Robert Nourse, President and CEO, The Bombay Company Inc.
1993 - Cedric E. Ritchie, Chairman, The Bank of Nova Scotia
1992 - John C. Carroll, President and CEO, Molson Breweries
1991 - John M. Thompson, Chairman and CEO, IBM Canada Limited
The Ivey Business Leader Award, Co-chaired by Paul Atkinson and Karen
Peesker, Principal, KAM Sales & Management Consulting, will be
presented at a black-tie dinner at Toronto's Four Seasons Hotel.
Proceeds from the event support the Ivey Alumni Association Toronto
Chapter HBA and MBA Scholarships established to attract top students to
the School and the Toronto Alumni Faculty Fellowship in Business
About the Richard Ivey School of Business, The University of Western
The Richard Ivey School of Business (www.ivey.ca) at The University of Western Ontario is Canada's leading provider of
relevant, innovative and comprehensive business education. Drawing on
extensive research and business experience, Ivey faculty provide the
best classroom experience, equipping graduates with the skills and
capabilities they need to tackle the leadership challenges in today's
complex business world. Ivey offers world-renowned undergraduate and
graduate degree programs as well as Executive Development at campuses
in London (Ontario), Toronto and Hong Kong.
SOURCE Richard Ivey School of Business
For further information:
Mary Weil, Manager, Media & Public Relations, Richard Ivey School of Business, 416-203-0664,