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M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.
April 23 -
The Buffalo, N.Y., bank's chief operating officer and chief financial officer discuss how M&T is spending tens of millions of dollars toward upgrading compliance with the Bank Secrecy Act and high-tech retail services. Its deal to buy Hudson City hangs in the balance.
April 22 -
It took Hudson City Bancorp in Paramus, N.J., less than two weeks to decide that it is still committed to selling itself to M&T Bank in Buffalo.
April 17
M&T Bank's president and chief operating officer, Mark Czarnecki, has been diagnosed with pancreatic cancer and plans to remain in his role at the bank while he gets treatment, the Buffalo News reported.
M&T spokesman Michael Zabel confirmed the report Wednesday.
Czarnecki, the No. 2 executive at the Buffalo, N.Y., company, said doctors told him the
Czarnecki, who was 59 as of M&T's March 5 proxy, wrote to M&T's employees in an internal memo that he had not been feeling well over the past few weeks and underwent various tests to understand the symptoms I was experiencing.
He will undergo treatment at Memorial Sloan Kettering Cancer Center in New York and at Roswell Park Cancer Institute in Buffalo. The treatment will keep him from work intermittently over the next few weeks and months, but he said the treatment should finish by the end of the year.
Czarnecki has worked for the $97 billion-asset M&T since 1977, when he began his banking career. In addition to his president and COO titles, he is also chairman and chief executive of M&T's Wilmington Trust unit.
Michael Pinto, the former vice chairman of M&T, was diagnosed with cancer and resigned from the company in January 2014. He died later that year.
