SOURCE: Fulton Financial Corporation

May 11, 2007 11:40 ET

Fulton Financial Corporation Names Hanson to Head Investment Management, Brokerage and Trust Services Subsidiary

LANCASTER, PA -- (MARKET WIRE) -- May 11, 2007 -- R. Scott Smith, Jr., chairman, CEO and president of Fulton Financial Corporation (NASDAQ: FULT), today announced that David B. Hanson has been named chief executive officer and president of Fulton Financial Advisors, the Corporation's wealth management, brokerage and trust services subsidiary. Hanson comes to Advisors from SunTrust Banks, Inc. in Orlando, Florida.

Hanson will manage Fulton Financial Advisors, which offers a broad array of financial products and services to its clients including: trust and estate management, wealth management, retirement services, brokerage, insurance, charitable/endowment management, corporate trust, cash management and private banking.

"Dave Hanson brings tremendous industry experience and expertise to Fulton Financial Advisors," says Smith. "He possesses remarkable leadership qualities, and he is charged with continuing to accelerate the growth that we have seen at Fulton Financial Advisors since the organization was created in 2001. We know that Dave will be a strong motivator for our employees, a trusted financial advisor for our clients, and a dedicated volunteer in the community."

Richard J. Ashby, Jr., senior executive vice president of Fulton Financial Corporation, will remain chairman of Fulton Financial Advisors.

Hanson spent the last 19 years as an executive in the wealth and investment management division of SunTrust Banks, Inc. While at SunTrust, Hanson had responsibility for wealth management offices in Macon, Georgia, Nashville, Tennessee and Orlando, Florida. In recent years, he was an executive in corporate strategy and merger- and acquisition-related roles.

Hanson has a Bachelor of Science degree in Accounting from Bob Jones University, Greenville, SC, as well as a Master's Degree in Business Administration from Georgia State University, Atlanta. He is a Certified Trust and Financial Advisor, Chartered Financial Analyst and Certified Public Accountant. Hanson has served on several trust and wealth management related advisory boards for the American Bankers Association.

In the Orlando community, Hanson is a former board member and finance committee member of Heart of Florida United Way as well as a member of the Orlando Chamber of Commerce -- Leadership Orlando. He served as deacon and finance committee chair at Calvary Baptist Church. Hanson is married with four children.

Contact Information

  • Contact:
    Laura Wakeley
    Phone: 717-291-2616