Cherry Hill, N.J. and Farmington Hills, MI. — December 13, 2021 – TD Bank, America's Most Convenient Bank®, has named Andrew Stuart President and Chief Executive Officer of TD Auto Finance. In this role, Stuart will once again assume responsibility for the overall leadership and strategic direction of the indirect retail and commercial auto finance business in the U.S.
Stuart joined TD in 2014 and spent six years serving as President and CEO of TD Auto Finance before accepting a role in Corporate Operations with TD Bank Group, also serving as the U.S. Head of Corporate Transformation and Operations for TD Bank. Prior to joining TD, Stuart spent most of his 30-year career in automotive leadership roles, including President and CEO of VW Credit, Inc. and President of Bentley Motors, U.S.
“Andrew’s deep knowledge of the auto finance business, coupled with his proven ability to drive innovation and foster continuous improvement, will be invaluable as we continue to deepen the connectivity between TD Auto Finance and the Consumer Bank. We are thrilled to welcome him back to the auto finance team,” said Ernie Diaz, Head of U.S. Consumer Distribution, Wealth and TD Auto Finance.
During his previous tenure with TD Auto Finance, Stuart led the development and execution of the indirect auto financing strategy. He grew the portfolio from $16 billion to $24 billion while reimagining the way the business operated and navigating numerous transformation and strategic initiatives.
Stuart has been an active member of the American Financial Services Association (AFSA), serving as past Chair of the Vehicle Finance Board and the AFSA Board. He currently serves as the U.S. Diversity Leadership Chair for TD Bank.
Andrew will report to Ernie Diaz, Head of U.S. Consumer Distribution, Wealth and TD Auto Finance, and will rejoin the TD Bank Management Committee.
Canadian citizen born in Moncton, New Brunswick and raised in Halifax, Nova Scotia, Andrew graduated from Saint Mary's University with a Bachelor of Commerce degree in 1992. He moved to the U.S. in 1994 and held a number of roles of increasing responsibility while also completing an MBA at the University of Oregon in 1998. He graduated from the Advanced Management Program at Harvard Business School in 2021. Andrew became a U.S. citizen in 2013 and currently resides in Vienna, Virginia with his wife and three children.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9.7 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.
Media contact:
Miranda Garrison
Senior Corporate Communications Manager
Miranda.Garrison@TD.com
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