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

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M&T Bank (NYSE:MTB) elected Jerry Jacobs Jr., CEO of Delaware North, to its Board of Directors, effective June 16, 2026. He also joins the Board of M&T Bank, the principal banking subsidiary.

Jacobs brings decades of leadership in global hospitality, sports, gaming, hotels and food service.

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Jerry Jacobs, Jr., chief executive officer, Delaware North, was elected to M&T Bank Corporation's Board of Directors

BUFFALO, N.Y., June 16, 2026 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) ("M&T") today announced the election of Jerry Jacobs Jr., chief executive officer of Delaware North, to its Board of Directors, effective June 16, 2026. Mr. Jacobs was also elected to the Board of Directors of M&T Bank, M&T's principal banking subsidiary.

Jacobs leads Delaware North, a global hospitality and entertainment company with operations spanning sports venues, parks, gaming, hotels and food service. He shares the chief executive officer title with his brothers, Lou and Charlie, and also serves as an alternate governor to the Boston Bruins.

He joined Delaware North in 1986 and has held a series of senior leadership roles across the business, including leading its Sportservice division before being named chief executive officer in 2015. In his current role, he oversees the company's strategy, governance and financial performance.

Jacobs is active in several civic and nonprofit organizations, serving as the chair of the UB Council, a member of the US Travel Association CEO Roundtable and a board member of The Corps Network.

"Jerry brings a strong track record of leadership and operational execution, along with deep ties to Western New York and a clear commitment to the people and places he serves," said René Jones, M&T chairman and chief executive officer. "His experience leading a complex, customer-centric organization will strengthen the perspectives represented in our boardroom."

"I'm honored to join M&T's Board of Directors," Jacobs said. "M&T's consistent focus on its customers and communities, along with its disciplined approach to growth, positions the company well for the future, and I look forward to contributing to that continued success."

Mr. Jacobs earned a bachelor's degree from Georgetown University and an MBA from the Wharton School of the University of Pennsylvania.

About M&T Bank

M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com. 

Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.

Media Contact:
Frank Lentini
(929) 651-0447 / flentini@mtb.com

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SOURCE M&T Bank Corporation

FAQ

Who is Jerry Jacobs Jr., newly elected to M&T Bank's (NYSE:MTB) Board on June 16, 2026?

Jerry Jacobs Jr. is chief executive officer of Delaware North and now a director at M&T Bank. According to M&T, he has led global hospitality, sports, gaming, hotel and food service operations since 2015 and has held senior roles since 1986.

What role will Jerry Jacobs Jr. have on the M&T Bank (MTB) Board of Directors?

Jerry Jacobs Jr. has been elected to the Board of Directors of M&T Bank Corporation and M&T Bank. According to M&T, he will contribute strategic, governance and operational insights drawn from overseeing Delaware North's strategy, governance and financial performance.

When did Jerry Jacobs Jr. join the M&T Bank (NYSE:MTB) Board of Directors?

Jerry Jacobs Jr. joined the M&T Bank Board of Directors effective June 16, 2026. According to M&T, his election covers both M&T Bank Corporation and its principal banking subsidiary, M&T Bank, strengthening boardroom perspectives with customer-centric and operational leadership experience.

Why did M&T Bank (MTB) elect Jerry Jacobs Jr. to its Board?

M&T Bank elected Jerry Jacobs Jr. for his leadership record and operational execution experience. According to M&T, his background leading a complex, customer-focused organization and deep ties to Western New York are expected to strengthen the diversity of perspectives on the Board.

What experience does Jerry Jacobs Jr. bring to the M&T Bank (MTB) Board?

Jerry Jacobs Jr. brings decades of senior leadership at Delaware North, including leading its Sportservice division. According to M&T, he oversees strategy, governance and financial performance and is active in civic and nonprofit roles such as UB Council chair and US Travel CEO Roundtable member.

What is Jerry Jacobs Jr.'s background outside his new role at M&T Bank (NYSE:MTB)?

Jerry Jacobs Jr. is co-CEO of Delaware North and an alternate governor to the Boston Bruins. According to M&T, he holds a bachelor's degree from Georgetown University and an MBA from the Wharton School, and serves on several civic and nonprofit boards.