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FULTON FINANCIAL CORPORATION APPOINTS DAVID S. SCHULZ TO BOARD OF DIRECTORS

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Fulton Financial Corporation (NASDAQ: FULT) announced the appointment of David S. Schulz to its board of directors for a term beginning September 14, 2026 and ending at the 2027 annual shareholders meeting. With his appointment, Fulton's Board will have 11 members, and Schulz will serve on the Audit and Risk committees, as well as on the board of banking subsidiary Fulton Bank, N.A.

According to Fulton, Schulz brings more than a decade of financial leadership at publicly traded companies, including senior finance roles at Wesco International, Armstrong Flooring, Armstrong World Industries and Armstrong Building Products. He also serves on the board of Sterling Infrastructure, where he chairs the audit committee, and previously served as an officer in the U.S. Marine Corps.

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Positive

  • Board expanded to 11 members with appointment effective September 14, 2026
  • New director brings over a decade of public-company financial leadership experience
  • Schulz to strengthen oversight via roles on Audit and Risk committees
  • Experience as CFO and special advisor at Wesco from 2016–2026

Negative

  • None.

News Market Reaction – FULT

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In the Jul 22 session, FULT declined 0.73%, reflecting a mild negative market reaction.

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LANCASTER, Pa., July 21, 2026 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton") today announced the appointment of David S. Schulz as a member of its board of directors (the "Board") for a term commencing September 14, 2026 and expiring at Fulton's 2027 annual meeting of shareholders.

David S. Schulz

"We're excited to welcome Dave to Fulton's board of directors," said Curt Myers, Fulton Chairman, CEO, and President. "Dave brings extensive financial leadership experience gained through more than a decade of service with publicly traded companies. His expertise in finance, strategic planning, risk, and mergers and acquisitions will provide valuable perspective as we continue to execute our growth strategy and create long-term value for our shareholders, customers and communities."

With the addition of Schulz, Fulton's Board will have 11 members, and he will serve on the Audit and Risk committees. Schulz has also been appointed to the board of directors of Fulton's banking subsidiary, Fulton Bank, N.A.

Schulz served as Senior Vice President and Chief Financial Officer of Wesco International, Inc. ("Wesco") from 2016 to June 2020, Executive Vice President and Chief Financial Officer of Wesco from June 2020 to February 2026 and as Executive Vice President and Special Advisor to the CEO of Wesco from February 2026 until his retirement on May 31, 2026. 

Prior to joining Wesco, Schulz served as Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. and was previously Senior Vice President and Chief Financial Officer of Armstrong World Industries, Inc. and Vice President of Finance of the Armstrong Building Products division.

Before joining Armstrong World Industries in 2011, he held various financial leadership roles with Procter & Gamble and The J.M. Smucker Company. He was also an officer in the United States Marine Corps.

In 2025, Schulz joined the board of Sterling Infrastructure, Inc., and he was appointed as chair of the audit committee in 2026. He also serves on the company's compensation and talent development committee.

ABOUT FULTON FINANCIAL CORPORATION

Fulton, a $34 billion Lancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 215 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Contact: Steve Trapnell
717-291-2739

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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fulton-financial-corporation-appoints-david-s-schulz-to-board-of-directors-302831288.html

SOURCE Fulton Financial Corporation

FAQ

When will David S. Schulz join the Fulton Financial (NASDAQ: FULT) board of directors?

David S. Schulz will join the Fulton Financial board on September 14, 2026. According to Fulton Financial, his initial term will run until the company’s 2027 annual meeting of shareholders, when his board service would be subject to shareholder voting.

What role will David S. Schulz have on Fulton Financial’s board committees (FULT)?

David S. Schulz will serve on Fulton Financial’s Audit and Risk committees. According to Fulton Financial, he has also been appointed to the board of its banking subsidiary, Fulton Bank, N.A., enhancing board-level oversight of finance and risk management.

What is David S. Schulz’s professional background before joining Fulton Financial’s board (FULT)?

David S. Schulz previously held senior finance roles at Wesco International, including Chief Financial Officer. According to Fulton Financial, he also served in leadership positions at Armstrong Flooring, Armstrong World Industries, Procter & Gamble, and The J.M. Smucker Company, and is a former U.S. Marine Corps officer.

Does David S. Schulz serve on any other public company boards besides Fulton Financial (FULT)?

Yes. David S. Schulz serves on the board of Sterling Infrastructure. According to Fulton Financial, he joined Sterling Infrastructure’s board in 2025, became chair of its audit committee in 2026, and also serves on the compensation and talent development committee.

How many directors will Fulton Financial (FULT) have after appointing David S. Schulz?

Fulton Financial’s board will have 11 members after appointing David S. Schulz. According to Fulton Financial, his addition expands the board while adding deep expertise in finance, strategic planning, risk management, and mergers and acquisitions from multiple publicly traded companies.

What experience does David S. Schulz bring in finance and risk for Fulton Financial (FULT)?

David S. Schulz brings extensive finance, risk, and M&A experience from roles as CFO and executive at Wesco. According to Fulton Financial, his background in strategic planning and leadership across several public companies supports the board’s oversight of growth and risk management.