M&T Bank Management
Management criteria checks 3/4
M&T Bank's CEO is Ren Jones, appointed in Dec 2017, has a tenure of 6.92 years. total yearly compensation is $9.39M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth MX$375.48M. The average tenure of the management team and the board of directors is 2.8 years and 12.3 years respectively.
Key information
Ren Jones
Chief executive officer
US$9.4m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.8yrs |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$9m | US$1m | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$9m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$7m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$6m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$6m | US$950k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$5m | US$900k | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$3m | US$745k | US$1b |
Compensation vs Market: Ren's total compensation ($USD9.39M) is above average for companies of similar size in the MX market ($USD5.75M).
Compensation vs Earnings: Ren's compensation has been consistent with company performance over the past year.
CEO
Ren Jones (59 yo)
6.9yrs
Tenure
US$9,385,557
Compensation
Mr. Rene F. Jones, also known as Ren, has been the Chairman and Chief Executive Officer of M&T Bank Corporation since December 20, 2017. Mr. Jones served as an Executive Vice President of M&T Bank Corporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.9yrs | US$9.39m | 0.050% MX$ 375.5m | |
| Senior EVP & CFO | 1.4yrs | US$3.69m | 0.011% MX$ 82.1m | |
| Senior Executive VP & Head of Enterprise Platforms | 6yrs | US$3.22m | 0.0052% MX$ 38.8m | |
| Head of Investment Banking | 1.4yrs | no data | no data | |
| Senior VP & Chief Information Officer | 2.8yrs | no data | 0.0016% MX$ 12.4m | |
| Senior EVP & Chief Administrative Officer | 1.8yrs | no data | 0.0031% MX$ 23.3m | |
| Senior VP and Head of Markets & Investor Relations | 2.8yrs | no data | no data | |
| Senior EVP & Chief Legal Officer | 7.3yrs | no data | 0.0034% MX$ 25.8m | |
| Chief Communications Officer | less than a year | no data | no data | |
| Senior VP and Chief Marketing & Communications Officer | 4.3yrs | no data | no data | |
| Senior EVP & Chief Human Resources Officer | 1.1yrs | no data | no data | |
| Senior Vice President and Integration Executive | 8.1yrs | US$6.67k | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Management: MTB *'s management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.9yrs | US$9.39m | 0.050% MX$ 375.5m | |
| Independent Director | 2.6yrs | US$235.01k | 0.053% MX$ 395.8m | |
| Independent Director | 25.8yrs | US$283.13k | 0.047% MX$ 354.4m | |
| Independent Director | 30.8yrs | US$270.08k | 0.013% MX$ 97.6m | |
| Independent Director | 23.8yrs | US$234.07k | 0.0076% MX$ 57.3m | |
| Non-Executive Vice Chairman & Lead Independent Director | 15.5yrs | US$254.07k | 0.011% MX$ 81.3m | |
| Independent Director | 28.8yrs | US$245.01k | 0.0098% MX$ 74.0m | |
| Independent Director | 15.6yrs | US$225.01k | 0.013% MX$ 94.0m | |
| Independent Director | 9yrs | US$265.01k | 0.040% MX$ 303.8m | |
| Independent Director | 4yrs | US$250.01k | 0.0016% MX$ 12.1m | |
| Independent Director | 4yrs | US$222.01k | 0.0010% MX$ 7.9m | |
| Independent Director | 7.3yrs | US$250.01k | 0.0029% MX$ 21.6m |
12.3yrs
Average Tenure
70yo
Average Age
Experienced Board: MTB *'s board of directors are seasoned and experienced ( 12.3 years average tenure).