Fulton Financial Management

Management criteria checks 4/4

Fulton Financial's CEO is Curt Myers, appointed in Jan 2023, has a tenure of 1.5 years. total yearly compensation is $2.31M, comprised of 36.8% salary and 63.2% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €3.83M. The average tenure of the management team and the board of directors is 2.8 years and 8 years respectively.

Key information

Curt Myers

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage	36.8%
CEO tenure	1.5yrs
CEO ownership	0.1%
Management average tenure	2.8yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Curt Myers's remuneration changed compared to Fulton Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$268m
Dec 31 2023	US$2m	US$850k	US$274m
Sep 30 2023	n/a	n/a	US$292m
Jun 30 2023	n/a	n/a	US$290m
Mar 31 2023	n/a	n/a	US$281m
Dec 31 2022	US$2m	US$638k	US$277m
Sep 30 2022	n/a	n/a	US$257m
Jun 30 2022	n/a	n/a	US$261m
Mar 31 2022	n/a	n/a	US$256m
Dec 31 2021	US$2m	US$572k	US$265m
Sep 30 2021	n/a	n/a	US$255m
Jun 30 2021	n/a	n/a	US$243m
Mar 31 2021	n/a	n/a	US$220m
Dec 31 2020	US$1m	US$561k	US$176m
Sep 30 2020	n/a	n/a	US$175m
Jun 30 2020	n/a	n/a	US$176m
Mar 31 2020	n/a	n/a	US$196m
Dec 31 2019	US$1m	US$549k	US$226m
Sep 30 2019	n/a	n/a	US$237m
Jun 30 2019	n/a	n/a	US$240m
Mar 31 2019	n/a	n/a	US$216m
Dec 31 2018	US$1m	US$510k	US$208m
Sep 30 2018	n/a	n/a	US$184m
Jun 30 2018	n/a	n/a	US$168m
Mar 31 2018	n/a	n/a	US$178m
Dec 31 2017	US$979k	US$417k	US$172m

Compensation vs Market: Curt's total compensation ($USD2.31M) is about average for companies of similar size in the German market ($USD2.26M).

Compensation vs Earnings: Curt's compensation has been consistent with company performance over the past year.

CEO

Curt Myers (55 yo)

1.5yrs

Tenure

US$2,309,440

Compensation

Mr. Curtis J. Myers has been Chairman and Chief Executive Officer of Fulton Bank, National Association since May 2018 and has been its Chief Operating Officer. He had been the President of Fulton Financial...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Curtis Myers	CEO & Chairman	1.5yrs	US$2.31m	0.13% $ 3.8m
Angela Snyder	President	less than a year	US$1.21m	0.041% $ 1.2m
Beth L. Chivinski	Senior EVP & Interim CFO	less than a year	US$858.60k	0.067% $ 1.9m
Meg Mueller	Senior EVP & Head of Commercial Business	11.5yrs	US$877.30k	0.066% $ 1.9m
Karthik Sridharan	Senior EVP and Chief Operations & Technology Officer	1.1yrs	no data	no data
Anthony Cossetti	Executive VP	2.8yrs	no data	no data
Angela Sargent	Senior EVP	22.5yrs	no data	0.058% $ 1.7m
Matthew Jozwiak	Senior VP	3.8yrs	no data	no data
Natasha Luddington	Senior EVP	2.6yrs	US$1.31m	no data
Laura Wakeley	Senior Vice President of Corporate Communications	no data	no data	no data
Avi Patel	Chief Marketing Officer & VP	11.1yrs	no data	no data
Bernadette Taylor	Senior EVP & Chief Human Resources Officer	9.2yrs	no data	0.029% $ 831.5k

2.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: FU5's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Curtis Myers	CEO & Chairman	5.2yrs	US$2.31m	0.13% $ 3.8m
Ronald Spair	Independent Director	8.8yrs	US$160.94k	0.010% $ 301.5k
Scott Snyder	Independent Director	8yrs	US$167.50k	0.0036% $ 103.5k
James Moxley	Independent Lead Director	9.2yrs	US$180.00k	0.10% $ 2.9m
E. Wenger	Director	15.3yrs	US$150.00k	0.33% $ 9.4m
Lisa Crutchfield	Independent Director	10.1yrs	US$156.56k	0.0066% $ 188.8k
Denise Devine	Independent Director	11.6yrs	US$167.50k	0.017% $ 485.5k
Steven Etter	Independent Director	5.2yrs	US$150.00k	0.16% $ 4.7m
Antionette Pergolin	Independent Director	2.2yrs	US$150.00k	0.0017% $ 50.0k
George Martin	Independent Director	3.2yrs	US$150.00k	0.0059% $ 169.9k
Jennifer Carey	Director	5.2yrs	US$160.94k	0.0027% $ 76.7k

8.0yrs

Average Tenure

63yo

Average Age

Experienced Board: FU5's board of directors are considered experienced (8 years average tenure).

Fulton Financial Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Fulton Financial Corporation, Annual General Meeting, May 20, 2024

Fulton Financial Corporation Announces Management Changes

Fulton Financial Corporation Announces Management Changes

Fulton Financial Corporation Names Angela Snyder as President, Effective January 1, 2024

Fulton Financial Corporation Appoints Karthik Sridharan as Senior Executive Vice President and Chief Operations and Technology Officer

Recent updates

First quarter dividend of US$0.17 announced

Fulton Financial Corporation Declares a Quarterly Cash Dividend, Payable on July 15, 2024

Insufficient new directors

Fulton Financial Corporation has completed a Follow-on Equity Offering in the amount of $250.000005 million.

Fulton Financial Corporation has filed a Follow-on Equity Offering.

Fulton Financial Corporation Reports Net Loans Charge-Offs for the First Quarter Ended March 31, 2024

Fulton Financial Corporation to Report Q1, 2024 Results on Apr 16, 2024

Fulton Financial Corporation, Annual General Meeting, May 20, 2024

Fulton Financial Corporation Declares Quarterly Cash Dividend , Payable on April 15, 2024

Fulton Financial Corporation announced delayed annual 10-K filing

Fulton Financial Corporation Announces Management Changes

Fulton Financial Corporation Announces Management Changes

Fulton Financial Corporation Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$1.66 (vs US$1.69 in FY 2022)

Fulton Financial Corporation Reports Net Loan Charge Off for the Fourth Quarter Ended December 31, 2023

Fulton Financial Corporation to Report Q4, 2023 Results on Jan 16, 2024

Fulton Financial Corporation Names Angela Snyder as President, Effective January 1, 2024

Fulton Financial Corporation (NasdaqGS:FULT) announces an Equity Buyback for $100 million worth of its shares.

Fulton Financial Corporation Reports Unaudited Net Loan Charge Off for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings released: EPS: US$0.42 (vs US$0.41 in 3Q 2022)

Fulton Financial Corporation to Report Q3, 2023 Results on Oct 17, 2023

Fulton Financial Corporation Declares Quarterly Common Dividend, Payable on October 13, 2023

Fulton Financial Corporation Provides Earnings Guidance for 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.47 (vs US$0.42 in 2Q 2022)

Fulton Financial Corporation to Report Q2, 2023 Results on Jul 18, 2023

Fulton Financial Corporation to Report Q2, 2023 Results on Jul 18, 2023

Fulton Financial Corporation Declares Quarterly Dividends, Payable on July 14, 2023

Fulton Financial Corporation Appoints Karthik Sridharan as Senior Executive Vice President and Chief Operations and Technology Officer

Fulton Financial Corporation Announces Executive Changes

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 21%

Fulton Financial Corporation and Fulton Bank, N.A Announce Board Changes

President recently bought €136k worth of stock

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: US$0.40 (vs US$0.38 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.69 (vs US$1.64 in FY 2021)

Full year 2022 earnings released: EPS: US$1.69 (vs US$1.64 in FY 2021)

Fulton Financial Corporation Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2022

Fulton Financial Corporation to Report Q4, 2022 Results on Jan 17, 2023

Fulton Financial Corporation Announces Executive Changes

Fulton Financial Corporation (NasdaqGS:FULT) announces an Equity Buyback for $100 million worth of its shares.

Fulton Financial Corporation Declares Special Cash Dividend, Payable on December 15, 2022

Insider recently sold €324k worth of stock

Insider recently sold €89k worth of stock

Third quarter 2022 earnings released: EPS: US$0.41 (vs US$0.45 in 3Q 2021)

Fulton Financial Corporation Announces Unaudited Loan Charged Off for the Three Months Ended September 30, 2022

Fulton Financial Corporation to Report Q3, 2022 Results on Oct 18, 2022

Fulton Financial Corporation Declares a Quarterly Cash Dividend on its Common Stock, Payable on October 17, 2022

Insider recently sold €71k worth of stock

Second quarter 2022 earnings released: EPS: US$0.42 (vs US$0.38 in 2Q 2021)

Fulton Financial Corporation Provides Earnings Guidance for 2022

Fulton Financial Corporation to Report Q2, 2022 Results on Jul 19, 2022

Fulton Financial Corporation (NasdaqGS:FULT) completed the acquisition of Prudential Bancorp, Inc. (NasdaqGM:PBIP) from a group of shareholders.

Fulton Financial Corporation Declares a Quarterly Cash Dividend, Payable on July 15, 2022

First quarter 2022 earnings released: EPS: US$0.38 (vs US$0.43 in 1Q 2021)

First quarter 2022 earnings released: EPS: US$0.38 (vs US$0.43 in 1Q 2021)

Fulton Financial Corporation to Report Q1, 2022 Results on Apr 19, 2022

Fulton Financial Corporation, Annual General Meeting, May 17, 2022

Upcoming dividend of US$0.15 per share

Fulton Financial Corporation (NasdaqGS:FULT) entered into a definitive agreement to acquire Prudential Bancorp, Inc. (NasdaqGM:PBIP) for approximately $140 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Fulton Financial Corporation Announces Net Charge-Offs for the Quarter Ended December 31, 2021

Insider recently bought €155k worth of stock

Senior EVP recently sold €87k worth of stock

Third quarter 2021 earnings released: EPS US$0.45 (vs US$0.38 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.38 (vs US$0.24 in 2Q 2020)

Upcoming dividend of US$0.14 per share

Independent Director has left the company