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.