TD Bank revamps tech leadership as COO to leave

TD restructures top leadership around technology, strategy and enterprise AI, while its Group Head and Chief Operating Officer departs the bank.

Rhea-AI Filing Summary

TORONTO DOMINION BANK (TD) reported senior leadership changes focused on technology, strategy and AI-enabled growth. Effective September 4, 2026, Vlad Shpilsky became Group Head, Global Technology and Solutions, continuing to lead TD’s technology and digital initiatives. Renu Gupta was appointed Senior Executive Vice President and Chief Strategy and Commercial Officer, adding responsibility for Enterprise Strategy, Corporate Development, Digital Assets, Payments, Partnerships and Procurement. Paul Whitehead was appointed Senior Executive Vice President, Global Corporate Services, expanding his remit to include Global Corporate Affairs and enterprise AI. With these changes, Group Head and Chief Operating Officer Taylan Turan will leave TD. TD serves 28.2 million clients and had $2.1 trillion in assets on July 31, 2026, with more than 14 million active mobile users in Canada and the U.S.

Positive

• None.

Negative

• Departure of Group Head, Chief Operating Officer: With these leadership changes, Taylan Turan, Group Head and Chief Operating Officer, will leave TD, creating senior-level turnover in a key operational role.

Key Figures

Total assets: $2.1 trillion Clients served: 28.2 million clients Active mobile users: More than 14 million +1 more

4 metrics

Total assets $2.1 trillion Assets of TD as of July 31, 2026

Clients served 28.2 million clients Clients served by TD across its four key businesses

Active mobile users More than 14 million Active mobile users in Canada and the U.S.

Effective date of leadership changes September 4, 2026 Date on which the new senior executive appointments take effect

Key Terms

Material Change Report, Senior Executive Team, Global Technology and Solutions, Digital Assets, +1 more

5 terms

Material Change Report regulatory

"Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT The Toronto-Dominion Bank"

A material change report is a public notice that a company must file and share whenever new information or an event is significant enough to likely influence an investor’s decision. Think of it like an urgent update board that tells shareholders about big shifts—such as major deals, leadership changes, sudden losses, or legal issues—so investors can reassess risk and value with the same facts everyone else has.

Senior Executive Team other

"will join the Senior Executive Team. The role brings together key"

Global Technology and Solutions technical

"appointed Group Head, Global Technology and Solutions (GTS) and will"

Digital Assets financial

"including Enterprise Strategy, Corporate Development, Digital Assets, Payments"

Digital assets are electronic files or representations of value stored electronically, such as cryptocurrencies, digital tokens, or digital art. They matter to investors because they can be bought, sold, and used for transactions much like physical assets, but exist entirely in digital form, offering new opportunities for investment and financial innovation.

enterprise AI technical

"will assume responsibility for Global Corporate Affairs and enterprise AI."

Enterprise AI is the use of advanced computer algorithms and machine learning across a company’s operations to automate tasks, analyze large amounts of data, and improve decisions—think of it as a smart assistant that learns from a business’s own information. It matters to investors because successful adoption can boost revenue, cut costs, and create competitive advantages that affect margins and growth potential, while failed or costly rollouts can become a financial drag.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What senior leadership changes did TD (TD) announce on September 3, 2026?

TD announced senior leadership appointments, including Vlad Shpilsky as Group Head, Global Technology and Solutions, Renu Gupta as Senior Executive Vice President and Chief Strategy and Commercial Officer, and Paul Whitehead as Senior Executive Vice President, Global Corporate Services.

When do the new TD (TD) executive appointments take effect?

The new executive appointments at TD become effective on September 4, 2026. The changes were announced on September 3, 2026, via a news release disseminated through Cision and subsequently filed on SEDAR+.

Which executive is leaving TD (TD) as part of these leadership changes?

As part of these changes, Taylan Turan, Group Head and Chief Operating Officer, will leave TD. The bank notes that Turan contributed to advancing TD’s transformation agenda and AI leadership during his tenure.

How is TD (TD) emphasizing AI and technology in its new leadership structure?

TD is elevating Global Technology and Solutions under Vlad Shpilsky and assigning enterprise AI to Paul Whitehead’s Global Corporate Services mandate, highlighting a focus on AI-enabled applications, digital leadership, and accelerated execution across the bank.

How large is TD (TD) based on assets and clients mentioned in this report?

TD reports $2.1 trillion in assets as of July 31, 2026, serves 28.2 million clients across its businesses, and has more than 14 million active mobile users in Canada and the U.S.

What new responsibilities will Renu Gupta have at TD (TD)?

As Senior Executive Vice President and Chief Strategy and Commercial Officer, Renu Gupta will oversee Enterprise Strategy, Corporate Development, Digital Assets, Payments, Partnerships and Procurement, and will join TD’s Senior Executive Team.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Available on EDGAR 09/11/2026 - 04:31 PM Accepted by SEC EDGAR 09/11/2026 - 04:31 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of September, 2026 Commission File Number: 001-14446

The Toronto-Dominion Bank

(Translation of registrant’s name into English)

c/o General Counsel’s Office

P.O. Box 1, Toronto Dominion Centre,

Toronto, Ontario, M5K 1A2

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐   Form 40-F ☑

This Form 6-K is incorporated by reference into all outstanding Registration Statements of The Toronto-Dominion Bank filed with the U.S. Securities and Exchange Commission.

EXHIBIT INDEX

Exhibit		Description
99.1		Material Change Report dated September 11, 2026

FORM 6-K

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				THE TORONTO-DOMINION BANK
DATE: September 11, 2026				By:		/s/ Sue-Anne Fox
				Name:		Sue-Anne Fox
				Title:		Associate Vice President, Legal, Treasury and Corporate Securities

Exhibit 99.1

FORM 51-102F3

MATERIAL CHANGE REPORT

1. Name and Address of Company

The Toronto-Dominion Bank (“TD” or the “Bank”)

P.O. Box 1, Toronto Dominion Centre,

Toronto, Ontario, M5K 1A2

2. Date of Material Change

September 3, 2026

3. News Release

Attached as Schedule “A” is a news release announcing the material change, which was disseminated on September 3, 2026, through Cision and subsequently filed on SEDAR+.

4. Summary of Material Change

On September 3, 2026, TD announced certain executive changes.

5. Full Description of Material Change

The following appointments were effective September 4, 2026.

Vlad Shpilsky was appointed Group Head, Global Technology and Solutions (GTS) and will continue to lead the GTS organization, advancing TD’s technology and digital leadership across the Bank. Under his leadership, the Bank has deployed new innovations and platforms and launched new AI-enabled applications to accelerate internal operations, enhance resilience and security, elevate the client experience, and drive growth across all lines of business.

Renu Gupta was appointed Senior Executive Vice President and Chief Strategy and Commercial Officer and will join the Senior Executive Team. The role brings together key capabilities to help accelerate strategy, growth and execution, including Enterprise Strategy, Corporate Development, Digital Assets, Payments, Partnerships and Procurement. Gupta joined TD in 2020 after a successful career in investment banking and was most recently EVP, Corporate Development and Chief Financial Officer of TD Securities.

Paul Whitehead was appointed Senior Executive Vice President, Global Corporate Services and will join the Senior Executive Team. In addition to his existing mandate, overseeing global client and colleague experience, transformation, enterprise real estate and marketing, Whitehead will assume responsibility for Global Corporate Affairs and enterprise AI. Bringing these capabilities together will help further strengthen alignment and accelerate execution across the Bank. Whitehead is a career TD banker with a track record of successful leadership across many of TD’s lines of business and corporate functions.

With these changes, Taylan Turan, Group Head, Chief Operating Officer, will leave TD. Since joining the Bank, Turan has helped advance and accelerate TD’s transformation agenda, strengthening how we operate, extending our AI leadership, and building capabilities that will support future growth.

Disclosure for Restructuring Transactions

Not applicable.

6. Reliance on Section 7.1(2) of National Instrument 51-102

Not applicable.

7. Omitted Information

None.

8. Executive Officer

For further information, please contact Brooke Hales, Senior Vice President, Investor Relations, brooke.hales@td.com, 416-307-8647.

9. Date of Report

September 11, 2026

Schedule A

TD Bank Group announces senior leadership appointments to further accelerate strategy

TORONTO, Sept. 3, 2026 /CNW/ — TD Bank Group (“TD” or the “Bank”) today announced senior leadership appointments to strengthen key capabilities and further accelerate execution.

“We have significant momentum and even greater opportunity ahead as we drive change, power our businesses with AI, and deliver differentiated, more human, client experiences. These appointments bring critical capabilities together, strengthen accountability, and position us to move faster on the priorities that will define TD’s next chapter of success,” said Raymond Chun, Group President and Chief Executive Officer, TD Bank Group.

The following appointments are effective September 4, 2026.

Vlad Shpilsky is appointed Group Head, Global Technology and Solutions (GTS) and will continue to lead the GTS organization, advancing TD’s technology and digital leadership across the Bank. Under his leadership, the Bank has deployed new innovations and platforms and launched new AI-enabled applications to accelerate internal operations, enhance resilience and security, elevate the client experience, and drive growth across all lines of business.

Renu Gupta is appointed Senior Executive Vice President and Chief Strategy and Commercial Officer and will join the Senior Executive Team. The role brings together key capabilities to help accelerate strategy, growth and execution, including Enterprise Strategy, Corporate Development, Digital Assets, Payments, Partnerships and Procurement. Gupta joined TD in 2020 after a successful career in investment banking and is currently EVP, Corporate Development and Chief Financial Officer of TD Securities.

Paul Whitehead is appointed Senior Executive Vice President, Global Corporate Services and will join the Senior Executive Team. In addition to his existing mandate, overseeing global client and colleague experience, transformation, enterprise real estate and marketing, Whitehead will assume responsibility for Global Corporate Affairs and enterprise AI. Bringing these capabilities together will help further strengthen alignment and accelerate execution across the Bank. Whitehead is a career TD banker with a track record of successful leadership across many of TD’s lines of business and corporate functions.

With these changes, Taylan Turan, Group Head, Chief Operating Officer, will leave TD. Since joining the Bank, Turan has helped advance and accelerate TD’s transformation agenda, strengthening how we operate, extending our AI leadership, and building capabilities that will support future growth.

“I want to thank Taylan for his partnership and leadership and wish him the very best for the future,” added Chun.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by assets and serves 28.2 million clients in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Banking, including TD Auto Finance U.S. and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among North America’s leading digital banks, with more than 14 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on July 31, 2026. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto Stock Exchange and New York Stock Exchange.

For further information: For further information: Alicia Skrinjar, Communications Manager, Corporate & Public Affairs, 647-282-9216, Alicia.Skrinjar@td.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 15.3 KB