Fulton Financial CEO R Smith's 2007 pay falls 28% to $979K
Fulton Financial reports 2007 executive compensation
By ExecPay News
Published: March 20, 2008
Fulton Financial reported fiscal year 2007 executive compensation information on March 20, 2008.
In 2007, five executives at Fulton Financial received on average a compensation package of $631K, a 14% decrease compared to previous year.
R. Scott Smith, Jr, Chief Executive Officer, received $979K in total, which decreased by 28% compared to 2006. 78% of Smith's compensation, or $763K, was in salary. Smith also received $82K in option awards and $134K in other compensation.
Richard J. Ashby, Jr, Chairman, received a compensation package of $658K, which decreased by 5% compared to previous year. 62% of the compensation package, or $405K, was in salary.
Charles J. Nugent, Chief Financial Officer, earned $638K in 2007, a 21% decrease compared to previous year.
E. Philip Wenger, Chief Operating Officer, received $472K in 2007, which decreases by 15% compared to 2006.
James E. Shreiner, Senior Executive Vice President of Fulton Financial Corporation Administrative Services, earned $406K in 2007, a 17% decrease compared to previous year.