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FULT > SEC Filings for FULT > Form 8-K on 19-Dec-2012All Recent SEC Filings

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Form 8-K for FULTON FINANCIAL CORP


19-Dec-2012

Change in Directors or Principal Officers, Regulation FD Disclosure


Item 5.02 - Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 18, 2012, the Board of Directors of Fulton Financial Corporation ("Fulton")approved a base salary increase to $900,000 per year for E. Philip Wenger, effective January 1, 2013. This increase was based on the recommendation of the Human Resources Committee of the Board in light of Mr. Wenger's new responsibilities as Fulton's Chairman, President and Chief Executive Officer. Mr. Wenger's employment by Fulton will continue to be subject to the terms of the Amended Employment Agreement between Mr. Wenger and Fulton dated November 12, 2008 and filed as an exhibit to the Current Report on Form 8-K dated November 14, 2008. Fulton previously announced that Mr. Wenger will succeed R. Scott Smith, Jr. as Fulton's Chairman, President and Chief Executive Officer, starting on January 1, 2013, after Mr. Smith retires on December 31, 2012.



Item 7.01 - Regulation FD Disclosure.
On December 18, 2012, Fulton announced that its wholly-owned bank subsidiary, Fulton Bank, N.A., entered into an agreement with Cambridge Mercantile Group to divest its Global Exchange Group ("GEG") division. GEG provides international payment solutions to meet the needs of companies, law firms and professionals. The transaction is expected to occur prior to the end of 2012 and is subject to customary conditions to closing.
On December 18, 2012, Fulton issued a press release with additional information announcing the sale of GEG to Cambridge Mercantile Group, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. It is being furnished to the SEC and shall not be deemed to be "filed" for any purpose. Item 9.01 Financial Statements And Exhibits
(d) Exhibits.

Exhibit No. Description
99.1 Fulton Press Release dated December 18, 2012


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