Gary Torgow is a talented businessman, author, and community leader. Today he serves as the Chairman of TCF Financial Corporation, a Detroit, Michigan-based financial holding company with $47 billion in total assets at December 31, 2019. The company also has a top 10 deposit market share in the Midwest. Their banking subsidiary, TCF National Bank, offers services for consumer and commercial banking, trust and wealth management, and specialty leasing and lending products and services to a variety of clients. They have over 500 branches throughout the Midwest and beyond.
Gary Torgow was also the Chairman of Chemical Financial Corporation, the holding company for Chemical Bank, before they acquired TCF Financial Corporation and adopted the name. Even before the acquisition, TCF was the largest bank headquartered in Michigan.
Chemical Bank previously merged with Talmer Bank, where Mr. Torgow served as Founder and Chairman. Gary is also the founder of the Sterling Group, a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan.
Gary Torgow currently serves on the Board of Jackson National Life Insurance Company of New York and Blue Cross Blue Shield of Michigan. Gary Torgow is also a Trustee of the Skillman Foundation, a private philanthropy group that serves as a champion of Detroit children. Founded in 1960, the group is dedicated to making sure that Detroit’s kids are prepared and positioned to be tomorrow’s leaders. They work towards this goal in two main areas: Education and Economic Well-Being. Their work includes strengthening K-12 public education, afterschool learning opportunities, and college and career pathways. Gary was appointed to be on the Board of Trustees in September of 2020. Members are chosen for their dedication to the city of Detroit and active work to help make it better for all its inhabitants. Gary is a member of the Board of Business Leaders of Michigan and the Detroit Downtown Partnership. He is a Trustee and Board member of the Community Foundation of Southeastern Michigan and is on the Foundation Boards of Wayne State University and Henry Ford Hospital. Gary Torgow also serves as a Trustee on the Board of Touro College, the Jewish Federation of Metropolitan Detroit, is a Senior Vice President of the Orthodox Union and the Board President of Detroit’s largest Jewish Day School, the Yeshiva Beth Yehudah. Mr. Torgow was recently elected Chairman of the Mosaic United Steering Committee, an Israeli Jewish Initiative for the benefit of the Diaspora Jewry.
Gary Torgow has served as a volunteer on numerous civic and communal boards, including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman.
Gary has won numerous awards including the Frank A. Wetsman Leadership Award from the Jewish Federation of Metropolitan Detroit, the NAACP’s Fannie Lou Hamer “Keeping the Spirit Moving” Award, and the Wayne State University Law School Outstanding Alumni Award.
Gary is a graduate of Yeshiva University and Wayne State University School of Law and is a member in good standing of the Michigan Bar Association. Gary Torgow is married with five children.