Fulton Financial CEO R Smith's 2009 pay jumps 29% to $1.2M
Fulton Financial reports 2009 executive compensation
By ExecPay News
Published: March 26, 2010
Fulton Financial reported fiscal year 2009 executive compensation information on March 26, 2010.
In 2009, five executives at Fulton Financial received on average a compensation package of $688K, a 27% increase compared to previous year.
R. Scott Smith, Jr, Chief Executive Officer, received $1.2M in total, which increased by 29% compared to 2008. 65% of Smith's compensation, or $794K, was in salary. Smith also received $204K in non-equity incentive plan, $114K in stock awards, as well as $107K in other compensation.
Charles J. Nugent, Chief Financial Officer, received a compensation package of $743K, which increased by 23% compared to previous year. 66% of the compensation package, or $493K, was in salary.
E. Philip Wenger, Chief Operating Officer, earned $625K in 2009, a 35% increase compared to previous year.
James E. Shreiner, Senior Executive Vice President of Fulton, received $493K in 2009, which increases by 24% compared to 2008.
Craig H. Hill, Senior Executive Vice President of Fulton, earned $363K in 2009, a 22% increase compared to previous year.