Camden National Management
Management criteria checks 3/4
Camden National's CEO is Simon Griffiths, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.50M, comprised of 4.2% salary and 95.8% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth $231.84K. The average tenure of the management team and the board of directors is 2.3 years and 7.3 years respectively.
Key information
Simon Griffiths
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 4.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.05% |
| Management average tenure | 2.3yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Camden National's (NASDAQ:CAC) Dividend Will Be $0.42
Apr 03
Camden National (NASDAQ:CAC) Is Due To Pay A Dividend Of $0.42
Jan 05Camden National (NASDAQ:CAC) Is Paying Out A Larger Dividend Than Last Year
Apr 01Camden National (NASDAQ:CAC) Is Increasing Its Dividend To $0.42
Jan 07Camden National declares $0.40 dividend
Sep 27Camden National GAAP EPS of $1.02 misses by $0.05, revenue of $47.68M beats by $1.24M
Jul 26Camden National: Well Run, Balanced Bank
Feb 10Camden National's (NASDAQ:CAC) Upcoming Dividend Will Be Larger Than Last Year's
Jan 08Camden National (NASDAQ:CAC) Has Announced That It Will Be Increasing Its Dividend To US$0.40
Dec 25I Ran A Stock Scan For Earnings Growth And Camden National (NASDAQ:CAC) Passed With Ease
Sep 28Camden National EPS beats by $0.30, beats on revenue
Apr 27We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Camden National Corporation's (NASDAQ:CAC) CEO For Now
Apr 21Trade Alert: The President Of Camden National Corporation (NASDAQ:CAC), Gregory Dufour, Has Just Spent US$75k Buying 2.1% More Shares
Mar 16What Kind Of Shareholders Hold The Majority In Camden National Corporation's (NASDAQ:CAC) Shares?
Mar 02Is It Worth Buying Camden National Corporation (NASDAQ:CAC) For Its 3.4% Dividend Yield?
Feb 04Be Sure To Check Out Camden National Corporation (NASDAQ:CAC) Before It Goes Ex-Dividend
Jan 09
Investors Who Bought Camden National (NASDAQ:CAC) Shares Five Years Ago Are Now Up 24%
Dec 31Camden National declares $0.33 dividend
Dec 22Read This Before Selling Camden National Corporation (NASDAQ:CAC) Shares
Dec 10This 'Mainiac' Likes Camden National Corporation For Your Dividend Portfolio
Dec 02Why Camden National's (NASDAQ:CAC) CEO Pay Matters
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$63k | US$43m |
Compensation vs Market: Simon's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
CEO
Simon Griffiths (49 yo)
less than a year
Tenure
US$1,497,100
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 | less than a year | US$1.50m | 0.052% $ 231.8k | |
| Executive VP & CFO | 2.3yrs | US$539.92k | 0.091% $ 407.5k | |
| Executive VP of Technology & Support Services and CTO | 4.1yrs | US$599.81k | 0.11% $ 486.9k | |
| Executive Officer | less than a year | US$1.52m | 0.87% $ 3.9m | |
| Executive Vice President of Retail & Mortgage Banking | 6.6yrs | US$582.81k | 0.16% $ 711.3k | |
| Secretary & Independent Director | no data | US$86.51k | 0.076% $ 340.1k | |
| Executive VP and Chief Experience & Marketing Officer | 6.9yrs | no data | 0.17% $ 756.7k | |
| Executive VP & Chief Human Resources Officer | no data | no data | no data | |
| Executive VP & Chief Credit Officer | no data | US$594.88k | 0.42% $ 1.9m | |
| Senior Vice President of Employee Relations and Engagement Manager | no data | no data | no data | |
| Executive VP & MD of Camden National Wealth Management | 6.6yrs | no data | 0.10% $ 447.7k | |
| Chief Credit Officer & Executive VP | less than a year | no data | 0.13% $ 578.8k |
2.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: CAC's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$1.50m | 0.052% $ 231.8k | |
| Secretary & Independent Director | 7.3yrs | US$86.51k | 0.076% $ 340.1k | |
| Independent Director | 6yrs | US$105.07k | 0.057% $ 253.8k | |
| Independent Director | 18.6yrs | US$109.49k | 0.20% $ 903.0k | |
| Independent Director | 16.2yrs | US$89.83k | 0.055% $ 244.2k | |
| Independent Director | 10yrs | US$91.08k | 0.072% $ 323.0k | |
| Independent Director | 1.3yrs | US$75.67k | 0.062% $ 275.6k | |
| Independent Chairman of the Board | 9.3yrs | US$170.90k | 0.077% $ 344.3k | |
| Independent Director | 8.5yrs | US$96.73k | 0.62% $ 2.7m | |
| Independent Director | 5.8yrs | US$93.86k | 0.072% $ 321.3k | |
| Independent Director | 1.3yrs | US$74.28k | 0.022% $ 96.9k |
7.3yrs
Average Tenure
60yo
Average Age
Experienced Board: CAC's board of directors are considered experienced (7.3 years average tenure).