Robert Wilmers, who grew M&T Bank into regional leader, dies


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BUFFALO, N.Y. (AP) — Robert G. Wilmers, the longtime chairman and chief executive of M&T Bank Corp., has died.

The Buffalo-based company says the 83-year-old banker died suddenly and unexpectedly at his New York City home late Saturday.

In his 34-year tenure, Wilmers oversaw the growth of the bank into one of the region's largest, with 783 branches in eight states and the District of Columbia. Through 24 acquisitions, assets increased from $2 billion in 1983 to more than $120 billion.

Wilmers was also the co-owner of New England Newspapers Inc., which in 2016 purchased The Berkshire Eagle in Massachusetts and in Vermont the Brattleboro Reformer, Bennington Banner and the weekly Manchester Journal.

Wilmers' involvement and investment in Buffalo extended to the region's cultural and educational institutions, including the Albright-Knox Art Gallery.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button