Exhibit 99.1
M&T Bank Corporation Elects Leslie Godridge and Rudina Seseri
to Board of Directors
Diverse new members bring wide-ranging experience and insights from banking, large
corporations and tech startups to M&T’s Board
BUFFALO, N.Y., November 16, 2020—M&T Bank Corporation (NYSE: MTB) (“M&T”) announced today the election of Leslie Godridge, who recently retired as the Vice Chair and Co-Head of Corporate and Commercial Banking for US Bancorp, and Rudina Seseri, Founder and Managing Partner of Glasswing Ventures, to its Board of Directors, effective November 16, 2020. Mss. Godridge and Seseri were also elected to the Board of Directors of M&T Bank, M&T’s principal banking subsidiary.
Ms. Godridge joined US Bancorp in 2007 as Executive Vice President and Head of National Corporate Special Industries and Global Treasury Management, a role she held until 2016 when she became Vice Chair and Co-Head of Corporate and Commercial Banking. Previously, she spent 25 years at Bank of New York serving in a variety of senior managerial roles, culminating as Head of Consumer, Commercial, Private Banking and Asset Management.
Ms. Godridge was recognized repeatedly on The American Banker’s list of Most Powerful Women in Banking, and she has served as a Trustee of the Museum of the City of New York since 2006. She holds a Bachelor of Arts from Smith College and a Master of Business Administration from New York University Stern School of Business.
Ms. Seseri is the Founder and Managing Partner of Glasswing Ventures, an early-stage venture capital firm investing in Artificial Intelligence enabled software companies. With over 17 years of investing and transactional experience, Ms. Seseri has invested in and helped build successful companies with innovative technologies in the fields of Artificial Intelligence, Machine Learning, enterprise software and digital marketing technologies.
Prior to founding Glasswing Ventures, Ms. Seseri was a Partner at Fairhaven Capital, a technology venture capital firm, from 2007 to 2015. Previously, she served as a Senior Manager in the Corporate Development Group at Microsoft Corp., and as an investment banker in the Technology Group at Credit Suisse.
Ms. Seseri has been named to Entrepreneur Magazine’s 100 Powerful Women list and Boston Business Journal’s Power 50 Newsmakers list. She was appointed by the Dean of the Harvard Business School for five consecutive years to serve as Entrepreneur in Residence and is an HBS inaugural member of Rock Venture Capital Partners. Ms. Seseri graduated magna cum laude with a Bachelor of Arts degree from Wellesley College, and holds a Master of Business Administration from the Harvard Business School.
