First Merchants adds ex-KPMG audit partner, declares $0.37 dividend
FRME•First Merchants Corporation added former KPMG audit partner Paul Fultz to its 13-member board to strengthen financial reporting and risk oversight ahead of the 2027 shareholder vote. The bank holding company declared a $0.37 per share cash dividend payable June 19 to shareholders of record June 5.
1. Paul Fultz Joins First Merchants Board
On May 19, First Merchants Corporation appointed Paul Fultz, a retired Audit and Business Unit Professional Practice Partner from KPMG LLP, to its 13-member board, which includes 10 independent outside directors. Fultz’s 30 years of experience advising public company boards in financial reporting, risk oversight and governance will bolster the bank holding company’s strategic oversight ahead of his 2027 ballot.
2. First Merchants Declares $0.37 Per Share Dividend
On May 19, First Merchants Corporation declared a $0.37 per share cash dividend, payable June 19 to shareholders of record June 5. This announcement marks the latest in the company’s series of quarterly dividends to its common shareholders.
