Robert G. Wilmers, born on February 2, 1937, is a prominent banking executive known for his long tenure as CEO of M&T Bank Corporation from 2005 to 2017. He holds a bachelor’s degree from the University of Pennsylvania and pursued...

Robert G. Wilmers, born on February 2, 1937, is a prominent banking executive known for his long tenure as CEO of M&T Bank Corporation from 2005 to 2017. He holds a bachelor’s degree from the University of Pennsylvania and pursued an MBA at the Wharton School, giving him a solid educational foundation in business. Interestingly, during his time at M&T Bank, he opted not to participate in stock options from 2005 onwards, preferring to focus on cash bonuses and salary based on performance metrics like earnings growth and return on assets. His total compensation peaked at around $1.37 million in 2006, showcasing the financial success of the bank under his leadership. Robert has also been heavily involved in philanthropy, managing multiple charitable foundations, which indicates a deep commitment to community and social responsibility. Significantly, throughout his career, his insider trading activity has shown significant fluctuations, showing a peak wealth tied to M&T’s stock that reached around $1.01 billion in late 2019. Wilmers’ ability to lead a major banking institution while handling a sizable personal wealth in trade reflects both his influence and the trust placed in him by stakeholders, marking him as a notable figure in the banking industry.