BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB) has elected Robert Brady as vice chairman of its board of directors and also appointed him lead independent director.
Brady succeeds Jorge Pereira, who retired in April.
He has served on the M&T Bank board of directors since 1994, the Buffalo–based banking company said in its news release distributed on Monday.
He served as chairman of the board and CEO of East Aurora, N.Y.–based Moog Inc. (NYSE: MOG) from 1996 until 2011, M&T Bank said.
East Aurora is a Buffalo suburb. Moog is a global manufacturer of control systems and components for aircraft, spacecraft, automated machinery and medical equipment, according to the M&T Bank news release.
Brady is currently a director of Astronics Corporation, also located in East Aurora.
He is also a director of the Albright-Knox Art Gallery in Buffalo and serves on the University at Buffalo Council, the bank said.
He previously served as a director of both Williamsville, N.Y.–based National Fuel Gas Company (NYSE: NFG), where he also held the role of lead independent director, and for Marion, N.Y.–based Seneca Foods Corporation (NASDAQ: SENE).
Williamsville is another Buffalo suburb, while Marion is in Wayne County.
“Bob Brady is an experienced and successful business leader with a track record of helping companies innovate, grow and create jobs,” Robert Wilmers, chairman and CEO of M&T Bank Corp., said in the news release. “He brings a wealth of experience in both executive management and corporate governance with a number of publicly traded companies, and in his new role on our board, his guidance will be valuable in helping M&T continue our focus on being a leader in regulatory compliance, generating shareholder returns and helping our customers succeed.”
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