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Bob Wilmers Bikes Off To That Great Chateau In The Sky

M&T Bank chief, fist-shaking old man dies at 83.
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By Peter Stergion [CC BY-SA 4.0], via Wikimedia Commons

"Is this heaven?" "No, it's Buffalo." By Peter Stergion [CC BY-SA 4.0], via Wikimedia Commons

Back in April, the world got a chance to spend some quality time with a curmudgeonly old bank CEO named Bob Wilmers. It learned about how the well-bred Wilmers more or less accidentally wound up running Buffalo-based M&T Bank Corp. for 34 years. It learned about his decrepit old car and even more decrepit old bike that somehow survived the car. It learned of his taste for fine foods and wines, some of the latter made by himself. It learned how little he cared about what other people think, and also his salty thoughts on trading and other bullshit fake-bank Wall Street nonsense.

Today, it learned that he was dead.

M&T said Mr. Wilmers, who had served as chairman and chief executive, died unexpectedly at home on Saturday night….

His manner was low-key and he spoke in public only rarely. But he didn’t mince words. In annual letters to shareholders akin to those written by his friend and fellow M&T investor Warren Buffett, Mr. Wilmers lambasted Wall Street greed and government overreach alike…. “He was a remarkable banker, an even more remarkable citizen and a wonderful friend,” Mr. Buffett said in a statement.

Au revoir, Bob. Sleep well in whatever conference room your afterlife places you in.

Bob Wilmers, Who Turned M&T Bank Into a Regional Powerhouse, Dies at 83 [WSJ]



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