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.