Sundar PichaiSundar Pichai earned $164M in 2023

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...

Quick Links
M

René F. Jones

CEO of M&T Bank

Education

Bachelor's degree in Management Science from Boston College; MBA from the University of Rochester.

Sector of Economy

Financial Services

Born

April 1, 1964 - 61 years ago

CEO of M&T Bank for

7 years 3 months (Dec 2017 - Present)

Previous Experience

Joined M&T in 1992; served in various management positions including Chief Financial Officer.

Holdings

See how much did René F. Jones make over time.

René Jones has experienced notable fluctuations in his stock holdings with M&T Bank. His investments peaked at about $17.92 million in September 2024, showing significant confidence in the bank's performance. Over recent years, his wealth from stock has seen ups...

Mar 18, 2025

Total Stock Sold

$8.82M

MTB

$8.82M

58,540.961 MTB shares

What if they kept their stock?

If René F. Jones didn't sell their stock, today they would have:
Extra MTB58,540.961 shares worth $6.48M.
This is -26.5% and $2.34M less than what they got when they sold the stock.

Charitable Transactions

MTB

9,965 shares

MTB

Recent Charitable Transactions

MTB

1,904 shares

MTB

Oct 28, 2024

Charity

MTB

2,034 shares

MTB

Dec 14, 2023

Charity

MTB

1,454 shares

MTB

Jan 27, 2023

Charity

MTB

2,388 shares

MTB

Jan 28, 2022

Charity

MTB

2 shares

MTB

Jan 29, 2019

Charity

MTB

583 shares

MTB

Jan 29, 2018

Charity

Insider Trading

See recent insider trades of René F. Jones.

MTB

13,354 shares

MTB

Feb 14, 2025

Received

MTB

13,326 shares

MTB

Jan 31, 2025

Received

MTB

1,904 shares

MTB

Oct 28, 2024

Charity

MTB

$4.47M

MTB at $193.88/share

Oct 28, 2024

Sale

MTB

374 shares

MTB

Oct 28, 2024

Charity

MTB

21,284 shares

MTB

Feb 16, 2024

Received

MTB

8,257 shares

MTB

Jan 31, 2024

Received

MTB

4,278 shares

MTB

Jan 29, 2024

Received

MTB

516 shares

MTB

Dec 14, 2023

Charity

MTB

2,034 shares

MTB

Dec 14, 2023

Charity

Compensation History

See how much did René F. Jones make over time.

In 2021, René Jones earned a total compensation package of about $6.87 million, which included a base salary of $1 million and a substantial bonus of $1.5 million, reflecting the bank's strong performance. His stock awards were significant, valued at over $3.4 million, emphasizing the bank's commitment to linking pay with performance over time. Jones's pay has evolved, showcasing a focus on equity-based compensation to align his interests with those of the shareholders. The compensation structure reflects M&T Bank's philosophy of managing risk while delivering long-term value to its investors, fitting into the bank's overall growth strategy.

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.

Other M&T Bank CEOs

Here are other CEOs of M&T Bank