Camden National Management
Management criteria checks 1/4
Camden National's CEO is Simon Griffiths, appointed in Jan 2024, has a tenure of 1.33 years. total yearly compensation is $1.92M, comprised of 42.9% salary and 57.1% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €1.16M. The average tenure of the management team and the board of directors is 1.8 years and 7 years respectively.
Key information
Simon Griffiths
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 42.90% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$47m |
| Dec 31 2024 | US$2m | US$825k | US$53m |
| Sep 30 2024 | n/a | n/a | US$47m |
| Jun 30 2024 | n/a | n/a | US$44m |
| Mar 31 2024 | n/a | n/a | US$44m |
| Dec 31 2023 | US$1m | US$63k | US$43m |
Compensation vs Market: Simon's total compensation ($USD1.92M) is above average for companies of similar size in the German market ($USD1.25M).
Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.
CEO
Simon Griffiths (50 yo)
1.3yrs
Tenure
US$1,923,165
Compensation
Mr. Simon R. Griffiths serves as CEO, President & Director at Camden National Bank and Camden National Corporation since January 01, 2024. He was Executive Vice President and Chief Operating Officer of Cam...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$1.92m | 0.19% € 1.2m | |
| Executive VP & CFO | 3.3yrs | US$663.59k | 0.10% € 649.0k | |
| Executive VP of Technology & Support Services and CTO | 5.2yrs | US$615.32k | 0.11% € 714.2k | |
| Chief Credit Officer & Executive VP | 1.4yrs | US$620.73k | 0.13% € 827.1k | |
| Executive Vice President of Retail & Mortgage Banking | 7.7yrs | US$588.75k | 0.16% € 974.2k | |
| General Counsel & Corporate Secretary | no data | no data | no data | |
| Executive VP and Chief Experience & Marketing Officer | 8yrs | no data | 0.16% € 1.0m | |
| Executive VP & Chief Human Resources Officer | 1.2yrs | no data | 0.019% € 118.0k | |
| Executive VP & Chief Credit Officer | no data | US$594.88k | no data | |
| Senior Vice President of Employee Relations and Engagement Manager | no data | no data | no data | |
| Executive VP & Chief Risk Officer | 1.8yrs | no data | 0.068% € 423.4k | |
| Executive Vice President of Commercial Banking | 1.2yrs | no data | 0.044% € 274.1k |
1.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 3LR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$1.92m | 0.19% € 1.2m | |
| Independent Director | 7.1yrs | US$87.21k | 0.056% € 348.6k | |
| Independent Director | 17.3yrs | US$88.51k | 0.054% € 334.8k | |
| Independent Director | 11.1yrs | US$91.26k | 0.069% € 430.0k | |
| Independent Director | 2.4yrs | US$76.01k | 0.057% € 354.3k | |
| Independent Chairman of the Board | 10.3yrs | US$153.71k | 0.078% € 488.2k | |
| Independent Director | 9.6yrs | US$81.96k | 0.57% € 3.6m | |
| Independent Director | 8.3yrs | US$85.21k | 0.081% € 506.1k | |
| Independent Director | less than a year | no data | 0.0051% € 31.6k | |
| Independent Director | 6.8yrs | US$89.41k | 0.081% € 501.6k | |
| Independent Director | 2.4yrs | US$77.01k | 0.033% € 208.5k | |
| Independent Director | less than a year | no data | 0.0027% € 16.9k |
7.0yrs
Average Tenure
59yo
Average Age
Experienced Board: 3LR's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 14:40 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Camden National Corporation is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Civiello | Janney Montgomery Scott LLC |
| Damon DelMonte | Keefe, Bruyette, & Woods |
| Matthew Breese | Piper Sandler Companies |