Fulton Financial CEO E Wenger's 2020 pay rises 1% to $3.1M
Fulton Financial reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Fulton Financial reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, six executives at Fulton Financial received on average a compensation package of $1.4M, a 2% increase compared to previous year.
E. Philip Wenger, Chief Executive Officer, received $3.1M in total, which increased by 1% compared to 2019. 42% of Wenger's compensation, or $1.3M, was in stock awards. Wenger also received $631K in non-equity incentive plan, $1M in salary, as well as $113K in other compensation.
For fiscal year 2020, the median employee pay was $58,415 at Fulton Financial. Therefore, the ratio of E. Philip Wenger's pay to the median employee pay was 53 to one.
Curtis J. Myers, Chief Operating Officer, received a compensation package of $1.5M, which increased by 5% compared to previous year. 38% of the compensation package, or $561K, was in salary.
Mark R. McCollom, Chief Financial Officer, earned $1.1M in 2020, a 3% increase compared to previous year.
Angela M. Snyder, Senior Executive Vice President and Head of Consumer Banking, received $865K in 2020, which is about the same as previous year.
Beth Ann L. Chivinski, Senior Executive Vice President and Chief Risk Officer, earned $852K in 2020, a 2% increase compared to previous year.
Meg R. Mueller, Senior Executive Vice President and Head of Commercial Business, received $842K in 2020, which increases by 1% compared to 2019.
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E Wenger
Fulton Financial
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Beth Chivinski
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