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Bharat Masrani new director at TD Ameritrade Holding

Staff writer | Omaha, Ne., USA | December 30, 2013
Bharat MasraniDecember 30, 2013, Omaha, Ne., USA - TD Ameritrade Holding Corporation announced that it has appointed Bharat Masrani to its board of directors.
Mr. Masrani is a designee of The Toronto-Dominion Bank (TD Bank). He is currently the chief operating officer for TD Bank Group, and the board of directors of TD has announced its intention that he will become group president and chief executive officer effective on November 1, 2014. He has more than 26 years of banking experience and has held a number of leadership positions in his tenure at TD.

In September 2006, Mr. Masrani took on the role of president of TD Bank US Holding Company and TD Bank, N.A., assuming the position of chief executive officer in March 2007, which he held until his current appointment.

He holds a Bachelor's degree in Administrative Studies from York University and a Master's of Business Administration from the Schulich School of Business, York University.

The company also announced that Todd Ricketts will step down from the board effective February 12, 2014.

Mr. Ricketts is a director of Chicago Baseball Holding LLC, the holding company for the Chicago Cubs Major League Baseball franchise, and a leader for Chicago Cubs Charities. He served as a director for the company after a career as an entrepreneur and investor in the securities industry working at the New York City-based NASDAQ start-up, Knight Securities.

Mr. Ricketts also owns and runs the Higher Gear bike shops in Wilmette and Highland Park, Illinois. He continues to manage his own investments and serves as a consultant to many companies in which he invests.

He graduated from Loyola University Chicago in 1993 with a bachelor's degree in economics and attended the University of Chicago Booth School of Business.