M&T Bank names René Jones chief executive

M&T Bank Corp. announced late Wednesday that René F. Jones has been appointed chairman and chief executive of M&T and its main banking subsidiary, M&T Bank. Jones was also elected to the board of directors of both M&T and M&T Bank. He succeeds M&T’s longtime Chairman and CEO Robert G. Wilmers, who died “suddenly and unexpectedly” at home on Saturday, the company said in statement. M&T shares ended the regular trading day down 0.8%.

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