M&T appoints former Truist CFO Daryl Bible as next CFO, effective Q2 2023

M&T BANK CORP

Daryl Bible, former Truist CFO (2009-2022), will join M&T as CFO in Q2 2023, succeeding Darren King.
King will expand role to oversee retail/business banking, mortgage, and consumer lending.
Bible's compensation: $740,000 base salary, $500,000 cash bonus (1-yr forfeitable), $2.5M RSUs (3-yr vest).
Chris Kay appointed Head of Enterprise Platforms, focusing on digital, payments, and operational effectiveness.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Daren King

Chief Financial Officer

MTB · M&T BANK CORP

Successor: Daryl Bible
Filed: December 14, 2022, 6:59 PM ET

Mr. Bible will succeed Daren King as CFO, who will continue serving as CFO until Mr. Bible’s appointment. Mr. 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.

Appointed

Daryl Bible

Chief Financial Officer

MTB · M&T BANK CORP

Filed: December 14, 2022, 6:59 PM ET

On December 14, 2022, M&T Bank Corporation (“M&T”) announced that Daryl Bible will join M&T as its next Chief Financial Officer (“CFO”) in the second quarter of 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daren King changed role as Chief Financial Officer at M&T BANK CORP.

Action: assumed expanded responsibilities
Role: Chief Financial Officer

Exact text from the filing

Mr. Bible will succeed Daren King as CFO, who will continue serving as CFO until Mr. Bible’s appointment. Mr. 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.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daryl Bible was appointed as Chief Financial Officer at M&T BANK CORP.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On December 14, 2022, M&T Bank Corporation (“M&T”) announced that Daryl Bible will join M&T as its next Chief Financial Officer (“CFO”) in the second quarter of 2023.

View on SEC.gov

M&T BANK CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-304913

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