04/03/2013 02:40 EDT | Updated 06/03/2013 05:12 EDT

A quick look at TD Bank, Ed Clark and Bharat Masrani

TORONTO - A quick look at TD Bank (TSX:TD) which announced Wednesday that chief executive Ed Clark is going to retire next year and be replaced by Bharat Masrani:

TD Bank

Net income: $6.47 billion (2012)

Revenue: $23.12 billion (2012)

Market capitalization: $77 billion.

Retail branches and "stores" in North America: 2,483

Employees: 85,000


Ed Clark

Age: 65

Title: President and chief executive, TD Bank Group

Held position since: December 2002

Previous title: President and chief operating officer

Joined company: July 2000 when TD Bank acquired Canada Trust Financial Services.


Bharat Masrani

Age: 56

Title: Group head of U.S. personal and commercial banking, TD Bank Group and president and CEO of TD Bank's U.S. operations

Held position since: 2008

Previous title: Vice chair and chief risk officer of TD Bank Group

Joined company: 1987