
Management ChangeMay 19, 2026, 04:07 PM
First Merchants Appoints Paul Fultz to Boards of Directors
AI Summary
First Merchants Corporation has announced the appointment of Paul Fultz to its Boards of Directors for both the Corporation and First Merchants Bank. Mr. Fultz, a retired Audit and Business Unit Professional Practice Partner from KPMG LLP, brings over 30 years of experience in financial reporting, risk oversight, and governance. His addition is expected to strengthen the board's strategic decision-making and provide valuable perspective on complex transactions. With this appointment, First Merchants' board will expand to 13 members, including 10 independent outside directors.
Key Highlights
- Paul Fultz appointed to Boards of Directors of First Merchants Corporation and First Merchants Bank.
- Mr. Fultz is a retired Audit and Business Unit Professional Practice Partner for KPMG LLP.
- He brings over 30 years of experience in financial reporting, risk oversight, and governance.
- His expertise will strengthen the board and strategic decision-making.
- The board will now consist of 13 members, including 10 independent outside directors.
- Mr. Fultz will be on the ballot for continuing terms at the 2027 Annual Shareholders Meeting.
Price Impact
More from FRME