Chief Executive Officer
Allen Lambert became President of The Toronto-Dominion Bank (TD) in 1960 and Chairman the following year. The bank was not in the first rank of financial institutions at the time, and he later recalled that “we had all gone through a period of frustration at being smaller than the others, and not being quite able to compete fully.” Over the eighteen years of Lambert’s leadership, TD became Canada’s fastest growing bank and a major presence on the international financial scene. Lambert toured the world seeking business opportunities, opening local offices, and building solid relationships with major clients. He was a tireless promoter of customer service, ensured that the Bank was an innovator in technology, and promoted progressive training and benefit programs for employees. He started TD’s corporate art program and, as a centennial project in 1967, developed one of Canada’s foremost collections of Inuit art. He combined a demanding life in business with a remarkable record of public and community service, chairing royal commissions and federal advisory bodies, serving as a member of international organizations, and acting as a frequent speaker and essayist on economic issues. Shortly before his retirement in 1978 he was appointed an Officer of the Order of Canada in recognition of his contributions to national life.
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Famous quotes containing the words chief, executive and/or officer:
“Go to the ant, you lazybones; consider its ways, and be wise. Without having any chief or officer or ruler, it prepares its food in summer, and gathers its sustenance in harvest.”
—Bible: Hebrew, Proverbs 6:6-8.
“She isn’t harassed. She’s busy, and it’s glamorous to be busy. Indeed, the image of the on- the-go working mother is very like the glamorous image of the busy top executive. The scarcity of the working mother’s time seems like the scarcity of the top executive’s time.... The analogy between the busy working mother and the busy top executive obscures the wage gap between them at work, and their different amounts of backstage support at home.”
—Arlie Hochschild (20th century)
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (1822–1893)