Role of the Chairman of the Board

Mr. John Thompson is the Chairman of the Board at TDBFG. The Chairman of the Board is appointed annually by the non-management directors of the Board. He is independent and his role as Chairman of the Board is to facilitate the functioning of the Board independently of management and to maintain and enhance the quality of our corporate governance at TDBFG. His key responsibilities are set out below. He also serves as Chair of the Corporate Governance Committee, is a member of the Management Resources Committee and is an ex officio member of the Audit Committee and Risk Committee.

(For biographical information about the Chairman of the Board, see Meet our Chairman)

Chairman of the Board

Key Responsibilities

• Manage the affairs of the Board, including ensuring the Board is organized properly, functions effectively and meets its obligations and responsibilities;

• Facilitate the functioning of the Board independently of management and maintain and enhance the quality of the Board's governance and that of TDBFG;

• Regular interaction with the President and Chief Executive Officer on governance and performance issues including providing feedback of other Board members as well as acting as a 'sounding board' for the President and Chief Executive Officer;

• Lead a formal evaluation of the Chief Executive Officer's performance at least annually.

• In conjunction with the Chief Executive Officer and Secretary, develop and approve the agendas for Board meetings.

• Lead the Board in the execution of its responsibilities to shareholders.

Read the Chairman of the Board's message included in the 2007 Annual Report of TD Bank Financial Group.

View the Charter of the Chairman of the Board (PDF, 83 KB)