Fulton Financial Corporation announced that Karthik Sridharan, Senior Executive Vice President and Chief Operations and Technology Officer, is departing effective January 31, 2025. His departure will be considered a termination without cause under his employment agreement. He will receive his base salary for 12 months, a prorated target bonus for the current fiscal year, any vested but unpaid bonuses, and continued eligibility for health and welfare benefits for 12 months. Time-vested equity awards will vest according to plan terms, while other unvested awards will be forfeited.
WS News
2025-02-01
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