Alexander KarpAlexander Karp earned $1B in 2024

In 2017, René F. Jones earned $3.01M in total compensation at M&T Bank, including $745.00K salary, $1.10M bonus and $1.04M in stock. Most recently acquired 40,062 shares in Feb 2025. Currently holds stock worth $20.00M. Has donated $1.95M in stock to charitable causes. 7+ years at the helm of M&T Bank.

Compensation History

Annual executive compensation data for René F. Jones, including salary, bonuses, and stock awards.

Year

2017

Total Compensation

$3.01M

Salary

$745.00K

Bonus

$1.10M

Other

$115.98K

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 Compensation

$115.98K

Board Justification

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

Restricted Stock

$1.04M1.04M 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.

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 11 months (Dec 2017 - Present)

Previous Experience

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

Holdings

Track René F. Jones's stock holdings and portfolio value over time.

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 $11.45M.
This is 29.79% and $2.63M more 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

René F. Jones's recent stock transactions, purchases, and sales filed with the SEC.

MTB

40,062 shares

MTB

Feb 14, 2025

Received

MTB

39,978 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

ACVA

9,239 shares

ACVA

May 29, 2024

Received

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

Rivals

Compare René F. Jones with competitor CEOs and industry peers.