M&T Bank announced several key changes to its leadership team. Daryl Bible will join M&T as its next CFO in 2Q23. He joins M&T from Truist Financial, where he was the longest-serving CFO of a U.S. regional bank. Bible joined Truist’s predecessor BB&T in January 2008 after a 24-year career with U.S. Bank. Current CFO Darren King will assume an expanded set of responsibilities to include oversight of a portfolio of businesses, including retail and business banking, mortgage, and consumer lending. He will remain CFO through the transition in 2Q23. In addition, Chris Kay will be appointed as Head of Enterprise Platforms. Kay will also transition to this role in 2Q23.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on MTB:
- M&T Bank price target lowered to $153 from $180 at JPMorgan
- M&T Bank price target lowered to $165 from $175 at Wells Fargo
- M&T Bank downgraded to Market Perform from Outperform at Keefe Bruyette
- M&T Bank assumed with an Overweight at Morgan Stanley
- M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend