President of M&T Bank Corporation – GuruFocus.com

June 26, 2022

Montana Lending

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BUFFALO, NY, June 16, 2022 /PRNewswire/ — Richard (“Rich”) Goldpresident and chief operating officer of M&T Bank Corporation (NYSE: MTB), announced his intention to retire, effective in the first quarter of 2023. Gold plans to remain on the board of directors of M&T Bank.

“It’s hard to overstate Rich’s impact on our business,” said Rene Jones, president and CEO of M&T. “It has been his life’s work to instill and perpetuate a culture that we are all proud of, a culture that allows us to function with a sense of purpose and to feel that we are part of something bigger. This focus on culture, coupled with an acute ability to identify and cultivate leaders, has provided us with an exceptional talent base to pursue our purpose and continue to make a difference in people’s lives.”

After joining the bank in 1989, Gold held senior positions in retail banking, corporate banking, mortgages, consumer loans and marketing. In 2014, he was named Vice President and assumed the role of Chief Risk Officer. In 2017, he was named president and chief operating officer, the culmination of a five-decade career in which the bank has grown exponentially, expanding its footprint to include 12 states and the District of Colombia.

Prior to joining M&T, Gold held positions in cash management and operations at Bankers Trust Company, and in marketing and product development at Citibank. He obtained a Bachelor of Science from Cornell University School of Industrial and Labor Relations and a Masters in Business Administration from New York University Stern School of Business.

Gold has long been committed to supporting both the Western New York community and the banking sector in general. He currently sits on the boards of the Westminster Foundation, the Buffalo Niagara Partnership and the Consumer Bankers Association, and has previously served on the boards of the United Way of Buffalo and Erie County, Shea’s Performing Arts Center and Buffalo Seminary. He also serves on the Dean’s Advisory Council at the University at Buffalo School of Management, where he is an Adjunct Professor, teaching Organizational Behavior Management.

About M&T

M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, provides banking products and services in 12 states in the northeastern United States, from Maine at Virginia and washington d.c. Trust-related services are provided in certain markets in the United States and abroad by affiliates of M&T’s Wilmington Trust and M&T Bank. For more information about M&T Bank, visit www.mtb.com.

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SOURCE M&T Bank Corporation