secwatch.observer — SEC 8-K summary
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Issuer:     M&T BANK CORP (MTB)
CIK:        0000036270
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0001193125-22-304913
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36270/000119312522304913/0001193125-22-304913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36270/000119312522304913/d423176d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-304913

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer