Chairman and CEO of Fulton Financial Corporation R. Scott Smith Jr., will retire at the end of the year. And E. Philip Wenger, currently the company’s president and COO, will succeed him as chairman, president and CEO, effective Jan. 1, 2013.

Smith joined Pennsylvania-based Fulton Bank, the company’s flagship bank, as director of Human Resources in 1978. He went on to assume a variety of positions at the bank before being promoted to chairman, president and CEO in 1998. In 2001, he was named president and COO and a director of parent company Fulton Financial Corporation, and in 2006, he took over as chairman, president and CEO.

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