The estimated Net Worth of Denis J Salamone is at least $12.5 million dollars as of 3 September 2024. Mr. Salamone owns over 10,000 units of M & T Bank Corp stock worth over $7,448,793 and over the last 9 years he sold MTB stock worth over $4,871,690. In addition, he makes $171,000 as Independent Director at M & T Bank Corp.
Denis has made over 8 trades of the M & T Bank Corp stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of MTB stock worth $1,720,300 on 3 September 2024.
The largest trade he's ever made was exercising 31,511 units of M & T Bank Corp stock on 22 January 2018 worth over $5,883,734. On average, Denis trades about 3,632 units every 85 days since 2016. As of 3 September 2024 he still owns at least 44,902 units of M & T Bank Corp stock.
You can see the complete history of Mr. Salamone stock trades at the bottom of the page.
Denis J. Salamone serves as Independent Director of the Company. He joined M&T’s Board of Directors effective with the closing of M&T’s acquisition of Hudson City Bancorp, Inc. and Hudson City Savings Bank (“Hudson City”) in November 2015. He served as Chairman and Chief Executive Officer of Hudson City from September 2014 until November 1, 2015. Mr. Salamone joined Hudson City in 2001 as Senior Executive Vice President and served on its Board of Directors. Between 2002 and 2014, he held several senior executive positions at Hudson City, including President and Chief Operating Officer. Prior to joining Hudson City, Mr. Salamone was an accountant with PricewaterhouseCoopers LLP for 26 years, 16 years as a partner where he served as the Global Financial Services leader for Audit and Business Advisory Services. He is a member of the American Institute of CPAs and a member of the New York State Society of CPAs. Mr. Salamone serves as Chairman of the Board of Trustees for St. Francis College in Brooklyn Heights, New York, as Chairman of the Board of Trustees of the Ridgewood, New Jersey YMCA, and as a trustee and Chair of the Audit Committee of Valley Health System in Ridgewood, New Jersey. He is a member of the Audit Committee of M&T. Mr. Salamone is also a director of M&T Bank and a member of its Examining and Executive Committees. Experience, Skills and Qualifications Mr. Salamone has more than 35 years of experience in the financial services industry and brings significant accounting skills and knowledge of financial reporting and risk management. He holds a Bachelor of Science in Accounting from St. Francis College.
As the Independent Director of M & T Bank Corp, the total compensation of Denis Salamone at M & T Bank Corp is $171,000. There are 16 executives at M & T Bank Corp getting paid more, with Rene Jones having the highest compensation of $5,704,700.
Denis Salamone is 66, he's been the Independent Director of M & T Bank Corp since 2015. There are 9 older and 24 younger executives at M & T Bank Corp. The oldest executive at M & T Bank Corp is John Hawke, 86, who is the Independent Director.
Denis's mailing address filed with the SEC is One M&T Plaza, 1, M&T Plaza, Downtown, Buffalo, Erie County, New York, 14203, United States.
Over the last 15 years, insiders at M & T Bank Corp have traded over $2,265,801,084 worth of M & T Bank Corp stock and bought 32,303 units worth $3,646,219 . The most active insiders traders include Irish Banks Plc Allied, Brent D Baird et John P Barnes. On average, M & T Bank Corp executives and independent directors trade stock every 14 days with the average trade being worth of $13,724,743. The most recent stock trade was executed by Denis J Salamone on 3 September 2024, trading 10,000 units of MTB stock currently worth $1,720,300.
m&t bank corporation is one of the 20 largest commercial bank holding companies in the u.s. with over 15,000 employees and more than 700 branches, m&t serves more than two million consumer households and commercial clients. established over 150 years ago in buffalo, n.y., we’re regarded as one of the strongest and most highly respected regional banks in the country. through our affiliate, wilmington trust, we are also a premier provider of wealth management and corporate trust solutions. equal housing lender. nmls #381076. © 2013 m&t bank. member fdic.
M & T Bank Corp executives and other stock owners filed with the SEC include: