SOURCE: Fulton Financial Corporation

April 15, 2008 16:10 ET

Fulton Financial Corporation Promotes Hanson as Head of Investment Management, Brokerage and Trust Services Subsidiary

LANCASTER, PA--(Marketwire - April 15, 2008) - R. Scott Smith, Jr., chairman, CEO and president of Fulton Financial Corporation (NASDAQ: FULT), today announced that David B. Hanson, of Lancaster, has been promoted to chairman of Fulton Financial Advisors. Hanson has served as chief executive officer and president of Fulton Financial Advisors, the Corporation's wealth management, brokerage and trust services subsidiary, since May of 2007. His promotion to chairman fills the position that was vacated when Richard J. Ashby, Jr., who had been chairman of Fulton Financial Advisors, retired on March 31, 2008.

Hanson manages Fulton Financial Advisors and Clermont Wealth Strategies, which offer a broad array of financial products and services to clients including: investment counseling, trust and estate management, wealth management, retirement services, brokerage, insurance, charitable/endowment management, corporate trust, cash management and private banking.

"Dave Hanson's tremendous industry experience and expertise have benefited both our clients and our employees alike," said Smith. "He has very strong leadership skills and a clear vision for how to best deliver comprehensive financial services in the areas he oversees. As we have worked with Dave to enhance our company's capabilities, expertise and services, we have seen firsthand the importance of a strong delivery of wealth management and brokerage services, both to our clients and also to our corporation's financial performance."

Hanson has more than 20 years of experience in providing and managing wealth and investment services. He 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.

Contact Information

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