Thursday, December 1, 2011
Banker of the Year
BeSt In BankInG
Throwback Approach Keeps
Wilmers, M&T on Top
W By Matt Monks
hen Robert Wilmers retired as the chief
executive of M&T Bank Corp. in 2005,
he gave little indication that he would
someday return to the corner office.
Sure, Wilmers remained the Buffalo, N.Y., compa-
ny’s chairman and was still involved in major deci-
sions, but he was 71 and M&T seemed in good hands
with a new CEO, whom Wilmers had been grooming
for years.
It turned out, though, that his hand-picked suc-
cessor, Robert Sadler, didn’t like the job much and
in 2007 — after this newspaper had already honored
him with its Lifetime Achievement award — Wilmers
returned as CEO.
Under Wilmers, the $78 billion-asset M&T h Thursday, December 1, 2011 Banker of the Year Be Banker of the Year 2011 “One devoutly wishes Banker of the Year 2011 desk, just a messy spre Banker of the Year 2011 obscured by a number of Banker of the Year 2011 He also resents that