Board of Directors

By Committee

The chart below provides an overview of the committees of the board of directors. Click on a committee name or director name for additional information.


Joseph H. Moglia Chairman of the Board
Chairman Joe Moglia has received the Ellis Island Medal of Honor and has been honored by the National Italian American Foundation, its Sports Hall of Fame, the Columbus Citizens Foundation, the American Institute for Stuttering, has been inducted into three Halls of Fame, and is a recipient of two Honorary Doctorates. He is also the only author to have written books published on both investing and football. In the business world, both at TD Ameritrade and at Merrill Lynch, Joe has executed world-class business strategies for almost two decades. In seven years as CEO at TD Ameritrade shareholders enjoyed a 500% return. The Firm's market cap grew from $700 million to $10 billion and client assets from $24 billion to $280 billion. As a football coach for 16 years, he won two Ivy championships as Defensive Coordinator at Dartmouth, set Defensive and Kicking records at Lafayette, turned two high school programs around, wrote a book and numerous articles in national coaching journals, and has been inducted into two Sports Halls of Fame. In 2008 when most of the financial services firms in the United States were imploding or going out of business, TD Ameritrade had their sixth record year in a row. Joe thought the timing was right to pull the trigger on his own succession. With multiple opportunities in business and media, Joe has decided to go back to coaching and in January 2011 was named President and Head Coach of the United Football League's Omaha Nighthawks.
W. Edmund Clark
Vice Chairman Ed Clark is the president and the chief executive officer of TD Bank Group (TDBG) and has served in the position since December 2002. From July 2000 until his current appointment, Clark served as president and chief operating officer of TDBG. Prior to joining TDBG, Clark was president and chief executive officer of Canada Trust Financial Services. He is a director of The Toronto-Dominion Bank and TD Bank N.A. (wholly-owned subsidiary of TDBG). Clark received a bachelor's degree from the University of Toronto and a master's degree and doctorate in economics from Harvard University.
Fredric Tomczyk
President, Chief Executive Officer Fred Tomczyk is a more than 25-year veteran of the financial services industry with extensive expertise in wealth management, insurance and banking and has been a guiding force in TD Ameritrade's evolution to be the better investment firm for today's investor. His strategy for the Company is threefold – maintain a leadership position in the trading business, continue to grow as a premier asset gatherer and capitalize on additional opportunities to strengthen the firm for the benefit of its associates, clients and shareholders. Tomczyk has served as president and chief executive officer of the Company since October 2008, during which time the firm has achieved record organic growth in the midst of the most difficult economic environment to hit the United States since the Great Depression. In fiscal 2009, in the midst of the crisis, TD Ameritrade produced record average client trades per day, record net new assets and record new accounts – all while maintaining a clean balance sheet and a strong overall financial position. And, in fiscal 2011, the firm achieved record trades per day and its fourth consecutive year or record net new client assets. Tomczyk has been intimately involved with TD Ameritrade since he helped negotiate and shape the landmark deal that brought Ameritrade and TD Waterhouse together in 2005. From July 2007 until his current appointment he served as chief operating officer and was responsible for all operations, technology, retail sales functions and the registered investment advisor channel. He served as a member of the TD Ameritrade board of directors from January 2006 until June 2007. From May 2002 until joining TD Ameritrade, Tomczyk served as the vice chair of corporate operations for TD Bank Group (TD). From March 2001 until May 2002, he served as executive vice president of retail distribution for TD Canada Trust (a wholly-owned subsidiary of TD), and from September 2000 until March 2001 he served as executive vice president and later as president and chief executive officer of wealth management for TD Bank. Prior to joining TD Bank, he was president and chief executive officer of London Life. Tomczyk serves on Cornell University's undergraduate business program advisory council. He received a bachelor's degree in applied economic and business management from Cornell University with a Bachelor of Science and subsequently obtained his Chartered Accountant designation. In 2006, he was elected as a Fellow of the Institute of Chartered Accountants of Ontario.
Karen E. Maidment
Karen Maidment was chief financial and administrative officer of BMO Financial Group from 2007 to 2009, and was responsible for all global finance operations, risk management, legal and compliance, tax, communications and mergers and acquisitions. Prior to that time, Maidment had been senior executive vice president and chief financial officer, as well as executive vice president and chief financial officer of BMO from 2003 to 2007 and 2000 to 2003, respectively. Before her career at BMO, Maidment held several executive positions with Clarica Life Insurance Company from 1988 to 2000, including chief financial officer. Additionally, Maidment is a past director of Harris Bank, BMO Nesbitt Burns, where she was also Chair of the Audit Committee, Bank of Montreal Pension Fund, Mutual Trustco, MCAP Financial and The Mutual Group (US). Maidment currently serves on the board of directors of TransAlta. She holds a bachelor's degree of commerce from McMaster University and is a Chartered Accountant. In addition, she was named to Canada's Most Powerful Women Top 100 Lists from 2002-2007 and the Hall of Fame in 2007, as well as Fellow of the Institute of Chartered Accountants of Ontario in 2000.
Marshall A. Cohen
Marshall Cohen is counsel to Cassels Brock & Blackwell LLP, a law firm based in Toronto, ON, Canada, which he joined in 1996. Prior to joining that firm, Cohen served as president and chief executive officer of The Molson Companies Limited from 1988 to 1996. He is also a director for a number of other companies, including Barrick Gold Corporation, Broadpoint Gleacher Securities Group, Inc., and TriMas Corporation. Cohen holds a bachelor's degree from the University of Toronto, a Law degree from Osgoode Hall Law School and a master's degree in Law from York University. Cohen also holds an honorary doctorate in Law from York University and was appointed as an officer of the Order of Canada in 1992.
Daniel W. Cook, III
Dan W. Cook, III has been a senior advisor to MHT Partners, L.P., an investment banking firm, since 2001. He is a retired partner of Goldman Sachs & Co., a leading global investment banking firm. He served as a general partner with Goldman Sachs from 1977 to 1992 and as a senior director from 1992 to 2000. He serves on the executive board of the Edwin L. Cox School of Business at Southern Methodist University and also serves as trustee or director of several charitable organizations. Cook received a bachelor's degree from Stanford University and a master's in business administration from Harvard Business School.
William H. Hatanaka
William Hatanaka is chairman and chief executive officer of TD Waterhouse Canada, Inc. (a wholly-owned subsidiary of TD Bank Group, "TDBG") and group head, wealth management, for TDBG. He has over 30 years experience in the financial services industry. Prior to joining TDBG in 2003, Hatanaka was a senior executive of the wealth management arm of the Royal Bank of Canada from 1996 to 2001, most recently serving as chief operating officer. He has also held senior executive positions at brokerage firms RBC Dominion Securities, Richardson Greenshields Ltd. and Midland Walwyn Capital. Prior to his career in the financial services industry, Hatanaka played professional football in the Canadian Football League and was a member of the 1976 Ottawa Rough Riders Grey Cup Championship team. He is the former chairman of the board for the Investment Industry Association of Canada and is a member of the board of directors for the York University Foundation, currently co-chairing the University Capital Campaign. His is also a director of TD Asset Management Inc. and TD Asset Management USA Inc. (wholly-owned subsidiaries of TDBG) and chairman of the diversity leadership council for TD Bank Group. Hatanaka holds a bachelor's degree, with Honours, in sociology and economics from York University and has completed the Advanced Management Program at the Harvard Business School.
Mark L. Mitchell
Mark Mitchell served as a director of the Company from December 1996 until January 2006 and served as a member of the Company's board of advisors in 1993. He was reelected as a director in November 2006. He is a principal at CNG Partners, LLC, an investment management firm, which he co-founded in 2001. Mitchell was a finance professor at Harvard University from 1999 to 2003 and was a finance professor at the University of Chicago from 1990 to 1999. He was a senior financial economist for the Securities and Exchange Commission from 1987 to 1990, a member of the NASDAQ quality of markets committee from 2003 to 2005, and a member of the economic advisory board of the NASD from 1995 to 1998. Mitchell received a doctorate in applied economics and a master's degree in economics from Clemson University. He received a bachelor's degree (summa cum laude) in economics from the University of Louisiana at Monroe.
Wilbur J. Prezzano
Wilbur Prezzano was employed with Eastman Kodak Company for over 30 years. He served in various positions during that time, including vice chairman of Eastman Kodak Company and chairman and president of Kodak's greater China region, the positions that he held at the time of his retirement in 1996. Prezzano currently serves a director of The Toronto-Dominion Bank, EnPro Industries, Inc., Lance, Inc., and Roper Industries, Inc. He received a bachelor's degree in economics and a master's degree in business administration from the Wharton School at the University of Pennsylvania.
J. Peter Ricketts
Pete Ricketts is the founder of Drakon, LLC, an asset management company in Omaha, Neb. He previously served as a director for the Company from October 1999 to May 2006 before he resigned to campaign for election to the United States Senate for the State of Nebraska. From 1993 to 2005, Ricketts served in various leadership positions with the Company, including executive vice president and chief operating officer, corporate secretary, president of the private client division, senior vice president of strategy and business development, senior vice president of product development and senior vice president of marketing. Ricketts is also the chairman of the Omaha board of Children's Scholarship Fund. He is also a director of Chicago Baseball Holding LLC (the holding company for the Chicago Cubs major League Baseball franchise), a director and president of the Platte Institute for Economic Research, Inc. and an advisory board member for the Alumni Capital Network, a private equity firm based in New York. He serves on the global advisory board for the University of Chicago Graduate School of Business, as a member of the board of directors of Bellevue University and as a member of the board of trustees for the American Enterprise Institute. Ricketts received an M.B.A. in marketing and finance and a bachelor's degree in biology from the University of Chicago.
Allan R. Tessler
Allan Tessler has been chairman of the board and chief executive officer of International Financial Group, Inc., an international merchant banking firm, since 1987. He is also chairman of the board of Epoch Investment Partners, Inc., formerly J Net Enterprises. He has previously served as chief executive officer of J Net Enterprises, co-chief executive officer of Data Broadcasting Corporation, now known as Interactive Data Corporation, chairman of Enhance Financial Services Group, Inc. and chairman and principal shareholder of Great Dane Holdings. Tessler is the lead director and chair of the finance committee of Limited Brands, Inc. and also serves as a director of EnerCrest. He serves as chairman of the board of trustees of the Hudson Institute and is a member of the board of governors of the Boys & Girls Clubs of America. Tessler holds a bachelor's degree from Cornell University and an L.L.B. from Cornell University Law School.
Todd M. Ricketts
Todd 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. 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. Ricketts serves on the boards of World Bicycle Relief, The National World War II Museum, Opportunity Education and Off-Site, LLC. He is active with a number of charitable organizations, including Project Run America, Housing Opportunities for Women and the dZi Foundation. 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.