Fulton Financial Corporation Appoints New CFO
Fulton Financial Corporation (NASDAQ: FULT) has announced an important leadership change as Richard Kraemer steps into the role of Senior Executive Vice President and Chief Financial Officer. He fills the position previously held by Betsy Chivinski, who is retiring at the end of the year after a commendable tenure.
Leadership Transition and Acknowledgments
Chairman and Chief Executive Officer Curt Myers expressed gratitude towards Chivinski for her significant contributions during her time as interim CFO. He noted her pivotal role in steering the company through major transactions and fostering a culture of financial excellence. The transition marks a critical moment for Fulton as it continues to adapt and grow in a competitive landscape.
Richard Kraemer's Expertise
Kraemer brings over two decades of extensive experience in the financial services industry to his new role. His previous position as Chief Banking Officer saw him managing commercial markets and was marked by a strong track record of enhancing profitability. His prior engagements include roles as Executive Vice President and Deputy CFO, where he successfully managed corporate treasury and finance operations for a company holding over $60 billion in assets.
Kraemer's Vision for the Future
In his capacity as CFO, Kraemer will oversee multiple critical functions including accounting, treasury, corporate development, tax compliance, financial planning, and investor relations. His broad understanding of financial management and strategic development positions him as a key player in driving Fulton Financial's vision for continued growth and success.
About Fulton Financial Corporation
Headquartered in Lancaster, Pennsylvania, Fulton Financial Corporation operates over 200 financial centers across several states, employing over 3,500 dedicated individuals. With assets exceeding $30 billion, the company provides a full range of financial services to its clients through Fulton Bank, N.A. For additional insights into Fulton Financial Corporation's operations and offerings, more information is available on their corporate profile.
Contact Information
For media inquiries, Lacey Dean can be reached at (717) 735-8688. Fulton Financial Corporation is committed to transparency and communication as it moves forward with new leadership.
Frequently Asked Questions
Who is the new CFO of Fulton Financial Corporation?
The new CFO is Richard Kraemer, who has been appointed to the role, succeeding Betsy Chivinski.
What experience does Richard Kraemer bring?
Kraemer has over 20 years of experience in the financial services industry, including significant roles in corporate finance and banking.
What will Kraemer oversee as CFO?
He will manage several key areas including accounting, treasury, corporate development, tax, and financial planning.
Where is Fulton Financial Corporation headquartered?
Fulton Financial Corporation is headquartered in Lancaster, Pennsylvania.
How many employees does Fulton Financial Corporation have?
The company employs more than 3,500 individuals across its operations.
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