René F. Jones is the Chairman and CEO of M&T Bank and has been leading the company since December 2017, succeeding Robert G. Wilmers after his unexpected passing. Jones has been with M&T since 1992, rising through the ranks after...

Current Market Cap

$35.66B

Number of Employees

21.93K

Total Compensation

2017 - 2017

Trending up by 0.00% last year
Showing total compensation for the last 2017 - 2017

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2017

Total Compensation

$3.01M

Salary

$745.00K

Board Justification

M&T Bank Corporation emphasizes long-term equity-based compensation to align executive pay with performance and shareholder interests, focusing on attracting and retaining talent while managing risk.

Bonus

$1.10M

Board Justification

The bonus is based on the performance of M&T Bank Corporation in 2017, reflecting overall bank and individual performance, with a significant increase compared to the previous year.

Other

$115.98K

Board Justification

Other compensation includes contributions to retirement plans, insurance premiums, and other benefits.

Restricted Stock

$1.04M(1.04M RSU)

Board Justification

The stock awards granted in 2017 are based on performance metrics and vested according to the established schedule, contingent upon achieving specific performance goals.

Performance Metrics

The performance metrics for determining compensation included net income, earnings per share, return on assets, and adherence to risk management principles.

SEC Filing

From March 7, 2018