LANCASTER, Pa., Nov. 1, 2024
/PRNewswire/ -- Fulton Financial Corporation ("Fulton") (NASDAQ: FULT) today announced that
Richard Kraemer has been appointed
as Senior Executive Vice President and Chief Financial Officer
("CFO"), replacing Interim CFO Betsy
Chivinski, who is retiring from Fulton at the end of the year.
"I would like to thank Betsy
Chivinski for her many years of service to Fulton," said Chairman and Chief Executive
Officer Curt Myers. "As Interim CFO,
Betsy helped lead the Republic Bank transaction and our common
stock issuance, among other notable contributions. We are grateful
for her support and wish her well in retirement."
Kraemer will oversee accounting, treasury, corporate
development, tax, financial planning and forecasting, investor
relations, procurement and real estate.
"Rick has a proven track record of leading commercial lines of
business, overseeing corporate finance functions and
developing enterprise strategies to improve profitability. I am
confident he will contribute greatly to our continued success,"
said Myers.
Kraemer has more than 20 years in the financial services
industry, having most recently served as Chief Banking Officer
overseeing commercial markets for another bank. In that role, he
had profit and loss responsibility for the bank's commercial
business. Prior to that, he served as Executive Vice President,
Deputy Chief Financial Officer & Treasurer. In that role, he
was responsible for leading all aspects of corporate treasury and
corporate finance for the more than $60
billion in assets company. Previously, he also served as
Executive Vice President, Chief Financial Services Officer; and
Head of Corporate Finance, Corporate Development and Investor
Relations Officer. Kraemer holds a Bachelor of Science degree in
Finance from the Fordham University
Gabelli School of Business.
About Fulton Financial Corporation
Fulton Financial
Corporation, a more than $30 billion
Lancaster, Pennsylvania-based
financial holding company, has more than 3,500 employees and
operates more than 200 financial centers in Pennsylvania, New
Jersey, Maryland,
Delaware and Virginia through Fulton Bank, N.A. Additional
information on Fulton Financial Corporation can be found at
investor.fultonbank.com.
Contact: Lacey Dean
(717) 735-8688
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SOURCE Fulton Financial Corporation