Camden National Corporation (CAC)

33.75 -0.73 (-2.12%) At close: 04:00PM EST

Camden National Corporation

2 Elm Street
Camden, ME 04843
United States
207 236 8821
https://www.camdennational.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 630

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gregory A. Dufour	President, CEO & Director	993.24k	N/A	1961
Mr. Michael R. Archer CPA	Executive VP, CFO and Principal Financial & Accounting Officer	337.23k	N/A	1984
Mr. William H. Martel	Executive VP & CTO	434k	N/A	1970
Mr. Timothy P. Nightingale	Executive VP & Chief Credit Officer	508.65k	N/A	1958
Ms. Patricia A. Rose	Executive Vice President of Retail & Mortgage Banking	431.31k	N/A	1964
Mr. Craig Norman Denekas	Secretary & Director	47.45k	N/A	1965
Ms. Renée D. Smyth	Executive VP and Chief Experience & Marketing Officer	N/A	N/A	1971

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Corporate governance

Camden National Corporation’s ISS governance QualityScore as of 28 November 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.