FULTON FINANCIAL CORPORATION (NASDAQ:FULT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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FULTON FINANCIAL CORPORATION (NASDAQ:FULT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 5, 2016, Patrick S. Barrett, Senior Executive Vice President and Chief Financial Officer of Fulton Financial Corporation (“Fulton”), submitted his resignation, effective January 4, 2017, to accept an executive position with another financial institution located outside of Fulton’s market area. During the period from December 6, 2016 through January 4, 2017, Mr. Barrett will continue as a non-executive employee of Fulton.

Fulton announced that Philmer H. Rohrbaugh, Senior Executive Vice President and Chief Operating Officer of Fulton, has been appointed interim Chief Financial Officer, effective immediately, to serve in that capacity until a new Chief Financial Officer is appointed by Fulton.

Mr. Rohrbaugh, age 64, joined Fulton in 2012, as Fulton’s Senior Executive Vice President and Chief Risk Officer. In 2016, he was appointed to serve as Fulton’s Senior Executive Vice President and Chief Operating Officer. Mr. Rohrbaugh previously entered into an employment agreement with Fulton dated as of November 1, 2012, that is still in effect and which has not been amended in connection with his appointment as interim Chief Financial Officer. His employment agreement was filed as Exhibit 10.1 to Fulton’s Current Report on Form 8-K dated October 22, 2012, which is incorporated herein by reference.

Prior to joining Fulton, Mr. Rohrbaugh was a managing partner of KPMG, LLP’s Chicago office from 2009 to 2012; and Vice Chairman Industries and member of the U.S. Management Committee of KPMG from 2006 to 2009. He has more than 35 years of experience in public accounting with substantial audit experience serving public and private companies, including financial institutions, and advising companies on accounting, financial reporting matters, equity and debt offerings, and merger and acquisition transactions.


About FULTON FINANCIAL CORPORATION (NASDAQ:FULT)

Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. The Company, through its banking subsidiaries, offers a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The Company’s subsidiary banks deliver products and services through traditional branch banking, with a network of service branch offices. Each of its subsidiary banks offer a range of consumer and commercial banking products and services in its local market area. Its non-bank subsidiaries include Fulton Financial Realty Company, Central Pennsylvania Financial Corp., FFC Management, Inc., FFC Penn Square, Inc. and Fulton Insurance Services Group, Inc.

FULTON FINANCIAL CORPORATION (NASDAQ:FULT) Recent Trading Information

FULTON FINANCIAL CORPORATION (NASDAQ:FULT) closed its last trading session up +0.30 at 18.55 with 812,439 shares trading hands.