It Pays to Write Well René Jones had big shoes to fill when, at the end of last year, he became chairman and chief executive officer of M&T Bank Corp., a $119 billion asset bank based in Buffalo, New York. His predecessor, Robert Wilmers, who passed away in December, produced extraordinary returns at M&T. Of the 100 largest banks in the country in 1983, the year Wilmers became CEO, M&T’s share price has since increased the most. Every $1 invested in the bank at the time is now worth more than $120. Wilmers was also an eloquent spokesman. He wrote...
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