M&T Bank Corporation Welcomes Jerry Jacobs Jr. to its Board of Directors

Jerry Jacobs Jr. Joins M&T Bank Corporation Board of Directors

M&T Bank Corporation, a prominent financial holding company based in Buffalo, New York, has announced the election of Jerry Jacobs Jr. as a member of its Board of Directors, effective June 16, 2026. This notable appointment is expected to bring fresh perspectives and industry experience to the board, reinforcing M&T Bank’s commitment to its customers and communities.

Jerry Jacobs Jr. is currently serving as the Chief Executive Officer of Delaware North, a renowned global hospitality and entertainment company. Under his leadership since 2015, the company has expanded its operations across various sectors, including sports venues, gaming, parks, hotels, and food service. His tenure at Delaware North began in 1986, where he held several key positions before ascending to the CEO role, demonstrating a career marked by dedicated service and a robust understanding of customer-centric business strategies.

René Jones, Chairman and CEO of M&T Bank, expressed enthusiasm about Jacobs joining the board, stating, "His strong leadership experience and operational insights will be invaluable to our governance. The depth of his connections to Western New York and his dedication to community service align perfectly with our values at M&T."

In addition to his professional endeavors, Jerry Jacobs is actively involved in civic and nonprofit organizations. He is the chair of the University at Buffalo (UB) Council and holds membership in the U.S. Travel Association CEO Roundtable, as well as serving on the board of The Corps Network, showcasing his commitment to community development and engagement.

Reflecting on his new role, Jacobs stated, "I'm honored to join M&T's Board of Directors. The bank's consistent focus on its customers and communities, combined with its disciplined growth strategy, positions it well for a prosperous future. I’m eager to contribute to that success."

Jacobs earned a bachelor’s degree from Georgetown University and an MBA from the Wharton School of the University of Pennsylvania, equipping him with the educational foundation necessary for effective leadership in a complex financial landscape.

M&T Bank Corporation operates with a clear mission to provide comprehensive banking services and products across a vast network from Maine to Virginia, establishing itself as a strong player in the eastern U.S. financial market. The bank also offers trust-related services through its Wilmington Trust-affiliated companies. With Jacobs joining the board, M&T Bank is poised to enhance its strategic direction further, especially concerning customer engagement and community support.

This appointment marks a significant milestone for M&T Bank as it continues to evolve and adapt in a competitive financial sector, aiming not just for growth but for meaningful contributions to the communities it serves. More details about M&T Bank and its services can be found at www.mtb.com.

In a world where financial institutions face numerous challenges, M&T Bank’s focus on integrating community needs into their business strategy positions them as an organization that not only thrives but also cares deeply for the wellbeing of the areas they serve. Jerry Jacobs Jr.'s involvement is expected to be a pivotal influence in steering this mission forward, ensuring that M&T Bank remains a beacon of community-focused banking excellence.