Camden National Corporation (NASDAQ:CAC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Corporation (the “Company”) elected Mr. Craig N. Denekas to serve
as a member of the Board of Directors effective April 25, 2017. Mr.
Denekas will serve as a member of the Board of Directors of the
Company until the 2019 Annual Meeting of Shareholders, the board
has not yet determined which committees he will serve on.
any other person to which Mr. Denekas was selected as a director of
the Company. There are no related party transactions between the
Company and Mr. Denekas reportable under Item 404(a) of Regulation
S-K.
receive the Companys standard non-employee director cash
compensation. Specifically, Mr. Denekas will receive the $8,750
annual cash retainer and $1,000 per attended meeting of the Board
of Directors.
Company’s press release announcing the election of Mr. Denekas as
director of the Company.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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Press release dated May 1, 2017 announcing election of
Craig N. Denekas as director of Camden National Corporation |
About Camden National Corporation (NASDAQ:CAC)
Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiaries is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers. The Company offers commercial and consumer banking products and services through its subsidiary, Camden National Bank (the Bank), and brokerage and insurance services through Camden Financial Consultants (Camden Financial), a division of the Bank. The Company also offers investment management and fiduciary services through its subsidiary, Acadia Trust, N.A. (Acadia Trust), a federally-regulated, non-depository trust company headquartered in Portland, Maine. The Bank’s subsidiary, Healthcare Professional Funding Corporation (HPFC), provides specialized lending to dentists, optometrists and veterinarians across the United States. Camden National Corporation (NASDAQ:CAC) Recent Trading Information
Camden National Corporation (NASDAQ:CAC) closed its last trading session 00.00 at 42.75 with 75,765 shares trading hands.
