Gold to Retire as President and COO of M&T Bank in 2023

Richard Gold, president and chief operating officer for M&T Bank, intends to retire, effective after Q1/23. Gold plans to remain on the board of directors of M&T Bank.

“It’s difficult to overstate Rich’s impact on our company,” René Jones, chairman and CEO of M&T Bank, said. “It has been his life’s work to instill and perpetuate a culture that we all take pride in — one that allows us to operate with a sense of purpose and feel as though we are a part of something larger. That focus on culture, coupled with a keen ability to identify and cultivate leaders, has ensured that we have an outstanding talent base to carry our purpose forward and continue to make a difference in people’s lives.”

After joining M&T Bank in 1989, Gold held management positions in retail banking, business banking, mortgage, consumer lending and marketing. In 2014, he was named vice chairman and took on the role of chief risk officer. In 2017, he was named president and chief operating officer, marking the culmination of a career spanning five decades during which the bank expanded its footprint to include 12 states and Washington, D.C.

Before joining M&T Bank, Gold held positions in cash management and operations at Bankers Trust Company and marketing and product development at Citibank.

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