Camden National Corporation (CAC)

43.58 -0.64 (-1.45%) At close: 04:00PM EDT

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: 620

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gregory A. Dufour	Pres, CEO & Director	1.21M	N/A	1961
Mr. William H. Martel	Exec. VP & CTO	442.65k	N/A	1970
Mr. Timothy P. Nightingale	Exec. VP & Chief Credit Officer	553.7k	N/A	1958
Ms. Patricia A. Rose	Exec. VP of Retail & Mortgage Banking	430.47k	N/A	1964
Ms. Ann W. Bresnahan	Sec. & Independent Director	41.91k	N/A	1951
Mr. Michael R. Archer CPA	Exec. VP, CFO and Principal Financial & Accounting Officer	N/A	N/A	1984
Ms. Renée D. Smyth	Exec. VP and Chief Experience & Marketing Officer	N/A	N/A	1971
Ms. Heather D. Robinson CPA	Exec. VP & Chief HR Officer	N/A	N/A	1975
Ms. Joanne T. Campbell CRCM	Exec. VP of Enterprise Risk Management & Chief Risk Officer	N/A	N/A	1963
Ms. Carolyn Carson-Crosby	Sr. VP of Employee Relations and Engagement Mang.	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company 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. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Corporate governance

Camden National Corporation’s ISS governance QualityScore as of 1 September 2022 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 2; Compensation: 2.

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.