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Camden National Corporation (CAC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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42.82+0.10 (+0.23%)
At close: 4:00PM EDT

42.99 +0.17 (0.40%)
After hours: 4:09PM EDT

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Camden National Corporation

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

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees631

Key Executives

NameTitlePayExercisedAge
Mr. Gregory A. DufourCEO, Pres & Director649.43k102.92k56
Ms. Deborah A. Jordan CPACFO, COO, Principal Financial & Accounting Officer & EVP402.38k132.46k51
Mr. Timothy P. NightingaleExec. VP and Sr. Loan Officer296.84k91.68k59
Mr. Edmund M. Hayden IIIChief Credit Officer and Exec. VP273.08k142.29k61
Mr. John W. HolmesSec., Director and Director of Comden National Bank30.52kN/A71
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Camden National Corporation operates as the holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. It offers various deposit products, including demand, interest checking, saving, and money market accounts. The company also originates single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties. It operates two loan production offices located in New Hampshire and Massachusetts. As of December 31, 2016, it operated a network of 61 banking centers; and 84 ATMs in Maine. 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, as well as lending services to dentists, optometrists, and veterinarians. Further, Camden National Corporation offers a range of investment management and fiduciary services, and wealth management services to individual and institutional clients, as well as serves as trustee. The company was founded in 1875 and is headquartered in Camden, Maine.

Corporate Governance

Camden National Corporation’s ISS Governance QualityScore as of September 1, 2017 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 3; Compensation: 4.

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 a 10 indicates higher governance risk.