Magazine : Archives : 3rd Quarter 2018

For Your Review

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...