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Camden National Corporation (CAC)

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47.61+0.08 (+0.17%)
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Camden National Corporation

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees600

Key Executives

NameTitlePayExercisedYear Born
Mr. Gregory A. DufourPres, CEO & Director1.02MN/A1961
Mr. Gregory A. WhiteExec. VP & CFO370.71kN/A1964
Ms. Joanne T. CampbellExec. VP of Risk Management371.63kN/A1963
Mr. Timothy P. NightingaleExec. VP & Chief Credit Officer483.03kN/A1958
Ms. Patricia A. RoseExec. VP of Retail & Mortgage Banking401.46kN/A1964
Ms. Ann W. BresnahanSec. & Independent Director34.75kN/A1951
Mr. William H. MartelExec. VP of Technology & Support ServicesN/AN/AN/A
Mr. Michael R. ArcherSr. VP & Corp. ControllerN/AN/AN/A
Ms. Renée D. SmythExec. VP and Chief Experience & Marketing OfficerN/AN/AN/A
Ms. Heather RobinsonSr. VP & Chief HR OfficerN/AN/AN/A
Amounts are as of December 31, 2020 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 bank holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as certificates of deposit. It also originates single 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; and specialized lending to dentists, optometrists, and veterinarians. 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, 2020, the Bank had 57 branches in 13 counties; one branch in Portsmouth, New Hampshire; commercial loan production offices in Manchester, New Hampshire; and a mortgage loan production office in Braintree and Wakefield, Massachusetts, as well as 66 ATMs. The company was founded in 1875 and is headquartered in Camden, Maine.

Corporate Governance

Camden National Corporation’s ISS Governance QualityScore as of April 30, 2021 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 4; 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 a 10 indicates higher governance risk.