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 6.5 years. total yearly compensation is $9.39M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth $16.06M. The average tenure of the management team and the board of directors is 1.9 years and 11.8 years respectively.
Key information
Ren Jones
Chief executive officer
US$9.4m
Total compensation
CEO salary percentage | 11.7% |
CEO tenure | 6.5yrs |
CEO ownership | 0.06% |
Management average tenure | 1.9yrs |
Board average tenure | 11.8yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 below average for companies of similar size in the US market ($USD13.49M).
Compensation vs Earnings: Ren's compensation has been consistent with company performance over the past year.
CEO
Ren Jones (59 yo)
6.5yrs
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 | 6.5yrs | US$9.39m | 0.064% $ 16.1m | |
Senior EVP & CFO | less than a year | US$3.69m | 0.0090% $ 2.2m | |
Sr. Executive VP of Retail Banking | less than a year | US$4.16m | 0.038% $ 9.6m | |
Senior Executive VP & Head of Enterprise Platforms | 5.6yrs | US$3.22m | 0.0051% $ 1.3m | |
Head of Investment Banking | less than a year | no data | no data | |
Senior VP & Chief Information Officer | 2.4yrs | no data | no data | |
Senior EVP & Chief Administrative Officer | 1.4yrs | no data | 0.0031% $ 768.8k | |
Senior VP and Head of Markets & Investor Relations | 2.4yrs | no data | no data | |
Senior EVP & Chief Legal Officer | 6.8yrs | no data | 0.0034% $ 853.6k | |
Chief Communications Officer | less than a year | no data | no data | |
Senior VP and Chief Marketing & Communications Officer | 3.8yrs | no data | no data | |
Senior EVP & Chief Human Resources Officer | less than a year | no data | no data |
1.9yrs
Average Tenure
59yo
Average Age
Experienced Management: MTB.PRJ's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 6.5yrs | US$9.39m | 0.064% $ 16.1m | |
Independent Director | 2.2yrs | US$235.01k | 0.064% $ 16.1m | |
Independent Director | 25.4yrs | US$283.13k | 0.049% $ 12.2m | |
Independent Director | 30.4yrs | US$270.08k | 0.013% $ 3.2m | |
Independent Director | 23.4yrs | US$234.07k | 0.0076% $ 1.9m | |
Non-Executive Vice Chairman & Lead Independent Director | 15.1yrs | US$254.07k | 0.011% $ 2.8m | |
Independent Director | 28.4yrs | US$245.01k | 0.0098% $ 2.4m | |
Independent Director | 15.2yrs | US$225.01k | 0.012% $ 3.1m | |
Independent Director | 8.6yrs | US$265.01k | 0.046% $ 11.5m | |
Independent Director | 3.6yrs | US$250.01k | 0.0016% $ 399.4k | |
Independent Director | 3.6yrs | US$222.01k | 0.0010% $ 259.6k | |
Independent Director | 6.8yrs | US$250.01k | 0.0029% $ 711.4k |
11.8yrs
Average Tenure
70yo
Average Age
Experienced Board: MTB.PRJ's board of directors are seasoned and experienced ( 11.8 years average tenure).