R. Scott Smith, Jr. served as the chairman and CEO of Fulton Financial Corporation from January 2006 until his retirement in December 2012. With a background in finance and a degree in Business Administration, he helped steer the company through...

R. Scott Smith, Jr. served as the chairman and CEO of Fulton Financial Corporation from January 2006 until his retirement in December 2012. With a background in finance and a degree in Business Administration, he helped steer the company through challenging times in the banking sector. Notable for his strategic role, Smith led the company towards significant earnings improvement during his tenure. Under his leadership, Fulton achieved remarkable milestones, such as a 23.7% increase in diluted earnings per share from 2010 to 2011. In his last few years, he emphasized succession planning, evidenced by a retention bonus of $1.3 million to maintain leadership stability. His career began when he was appointed president and COO in 2005 and quickly transitioned to CEO, directing the company through various economic cycles. Today, Smith is still connected to the company as a board member, ensuring his experience and insights continue to influence its direction.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Fulton Financial Corporation CEOs

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R. Scott Smith, Jr.

Ex-CEO of Fulton Financial Corporation

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Fulton Financial Corporation for

6 years 11 months (Jan 2006 - Dec 2012)

Previous Experience

Unknown

Rivals

Competitors/colleagues of R. Scott Smith, Jr.

Holdings

See how much did R. Scott Smith, Jr. make over time.

During his time at Fulton Financial, R. Scott Smith, Jr. had substantial holdings in the company's stock. This played a crucial role in aligning his interests with shareholders. The peak of his financial holdings came in 2011, when he earned...

During his time at Fulton Financial, R. Scott Smith, Jr. had substantial holdings in the company's stock. This played a crucial role in aligning his interests with shareholders. The peak of his financial holdings came in 2011, when he earned approximately $2.3 million in total compensation. Notably, Smith received a retention bonus of $1.3 million before his retirement, motivating him to lead the company effectively until the end of 2012. His compensation included a combination of salary, bonuses, and vested stock, demonstrating a proactive approach to best serve the interests of the company and its stakeholders. This strategy reflected his commitment to ensuring stability and growth in uncertain times.

Mar 18, 2025

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shares

FULT @ $18.26

Total Stock Sold

$618.36K

FULT

$618.36K

40,273.285 FULT shares

What if they kept their stock?

If R. Scott Smith, Jr. didn't sell their stock, today they would have:
Extra FULT40,273.285 shares worth $388.64K.
This is -37.15% and $229.72K less than what they got when they sold the stock.

Charitable Transactions

FULT

78,100 shares

FULT

Recent Charitable Transactions

FULT

8,000 shares

FULT

Dec 12, 2018

Charity

FULT

9,900 shares

FULT

Nov 9, 2017

Charity

FULT

6,000 shares

FULT

Nov 21, 2016

Charity

FULT

1,000 shares

FULT

Nov 9, 2016

Charity

FULT

3,000 shares

FULT

Aug 11, 2016

Charity

FULT

8,000 shares

FULT

Jun 1, 2016

Charity

Insider Trading

See recent insider trades of R. Scott Smith, Jr..

FULT

8,000 shares

FULT

Dec 12, 2018

Charity

FULT

1,540 shares

FULT

Nov 1, 2018

Received

FULT

1,450 shares

FULT

Jun 1, 2018

Received

FULT

$86.50K

FULT at $17.30/share

Apr 24, 2018

Sale

FULT

9,900 shares

FULT

Nov 9, 2017

Charity

FULT

1,382 shares

FULT

Nov 1, 2017

Received

FULT

$101.64K

FULT at $18.35/share

Jul 31, 2017

Sale

FULT

981 shares

FULT

Jun 1, 2017

Received

FULT

$189.50K

FULT at $18.95/share

Feb 16, 2017

Sale

FULT

6,000 shares

FULT

Nov 21, 2016

Charity

Compensation History

See how much did R. Scott Smith, Jr. make over time.

R. Scott Smith, Jr.'s compensation at Fulton Financial varied over the years. In 2012, he famously earned about $3.8 million, marking one of the highest years of his compensation. This included a salary of $886,539, a notable retention bonus of $1.3 million, and over $600,000 in vested stock. His pay structure aimed to motivate performance and align with the company's success. The emerging trend in his compensation reflected Fulton’s philosophy, which emphasized a balance between competitive pay and the company’s financial health. Comparatively, his earlier earnings, such as $1.5 million in 2010, highlight how his role evolved along with the company’s financial trajectory. Smith’s compensation was tied to careful metrics like return on equity and overall corporate objectives, showcasing his influence and drive for results within the organization.

Year

2012

Total Compensation

$3.02M

Salary

$886.54K

Board Justification

Fulton aims to align executive compensation with company performance and shareholder interests, focusing on attracting and retaining talent.

Bonus

$1.30M

Board Justification

Retention Bonus Agreement for remaining employed through December 31, 2012.

Other

$206.53K

Board Justification

Includes contributions to retirement plans, club memberships, and other personal benefits.

Restricted Stock

$630.26K(60.17K Restricted Stock)

Board Justification

Restricted stock awarded on April 1, 2012 for performance in 2011, valued at the grant date.

Performance Metrics

Performance metrics include corporate financial objectives, risk control, customer experience, and employee engagement.

Other Fulton Financial Corporation CEOs

Here are other CEOs of Fulton Financial Corporation

Rufus A. Fulton, Jr.

Ex-CEO of Fulton Financial Corporation

January 2005 - December 2005

E. Philip Wenger

Ex-CEO of Fulton Financial Corporation

January 2013 - December 2022