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The charts on this page feature a breakdown of the total annual pay for the top executives at M & T BANK CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. M & T BANK CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. M & T BANK CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Kevin J. Pearson
Vice Chairman & Co-Head of Businesses
Total Cash $2,075,000 Equity $2,500,252 Other $68,719 Total Compensation $4,643,971
René F. Jones
Chairman & Chief Executive Officer
Total Cash $3,250,000 Equity $6,000,130 Other $123,445 Total Compensation $9,373,575
Darren J. King
Senior Executive Vice President & Co-Head of Businesses (Former Chief Financial Officer)
Total Cash $2,050,000 Equity $2,000,283 Other $103,392 Total Compensation $4,153,675
Doris P. Meister
Senior Executive Vice President & Head of Wealth Management
Total Cash $1,550,000 Equity $1,750,275 Other $84,875 Total Compensation $3,385,150
Christopher E. Kay
Senior Executive Vice President & Head of Enterprise Platforms
Total Cash $1,675,000 Equity $1,475,340 Other $71,608 Total Compensation $3,221,948
Daryl N. Bible
Senior Executive Vice President & Chief Financial Officer
Total Cash $1,168,385 Equity $2,500,137 Other $23,162 Total Compensation $3,691,684
For its 2023 fiscal year, M & T BANK CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
René F. Jones CEO Pay $9,385,557 Median Employee Pay $84,682 CEO Pay Ratio 111:1
For its 2022 fiscal year, M & T BANK CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
C. Angela Bontempo Total Cash $27,500
Calvin G. Butler, Jr. Total Cash $225,147
David S. Scharfstein Total Cash $27,500
Denis J. Salamone Total Cash $265,147
Gary N. Geisel Total Cash $260,463
Herbert L. Washington Total Cash $241,397
Jane Chwick Total Cash $206,397
John P. Barnes Total Cash $206,397
John R. Scannell Total Cash $225,147
Kirk W. Walters Total Cash $196,647
Leslie V. Godridge Total Cash $249,397
Melinda R. Rich Total Cash $225,147
Newton P.S. Merrill Total Cash $26,250
Richard A. Grossi Total Cash $31,565
Richard H. Ledgett, Jr. Total Cash $250,147
Robert E. Sadler, Jr. Total Cash $283,278
Robert T. Brady Total Cash $267,646
Rudina Seseri Total Cash $222,147
T. Jefferson Cunningham, III Total Cash $235,463
William F. Cruger, Jr. Total Cash $202,647

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.