E. Phillip Wenger plans to retire as chairman and CEO of Fulton Financial in Lancaster, Pa.
The $26 billion-asset Fulton said in a press release Wednesday that Wenger will step down on Dec. 31 after 43 years at the company. Wenger, who became CEO in 2013, will remain on the board.
Curtis Myers, Fulton’s president and chief operating officer, will succeed Wenger as chairman and CEO.
Myers joined the bank in 1990 as a member of the management training program. He became president and chief operating officer of the bank in 2010. He became the company’s president and chief operating officer in 2018.
Wenger helped the company emerge from a series of regulatory orders and oversaw the consolidation of its bank charters. Fulton recently announced its first acquisition in morethan a decade, agreeing to buy Prudential Bancorp in Philadelphia.