Fulton Financial CEO R Smith's 2008 pay slips 4% to $942K
Fulton Financial reports 2008 executive compensation
By ExecPay News
Published: March 26, 2009
Fulton Financial reported fiscal year 2008 executive compensation information on March 26, 2009.
In 2008, five executives at Fulton Financial received on average a compensation package of $541K, a 14% decrease compared to previous year.
R. Scott Smith, Jr, Chief Executive Officer, received $942K in total, which decreased by 4% compared to 2007. 84% of Smith's compensation, or $787K, was in salary. Smith also received $18K in option awards, $33K in stock awards, as well as $105K in other compensation.
Charles J. Nugent, Chief Financial Officer, received a compensation package of $604K, which decreased by 5% compared to previous year. 81% of the compensation package, or $490K, was in salary.
E. Philip Wenger, Chief Operating Officer, earned $462K in 2008, a 2% decrease compared to previous year.
James E. Shreiner, Senior Executive Vice President of Fulton, received $398K in 2008, which decreases by 2% compared to 2007.
Craig H. Hill, Senior Executive Vice President of Fulton, earned $297K in 2008.