-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VaRr7W4nbsSgbpz+4eecAvd/D4fcPAa+86BN/EkZH3cQEPibPmEPN5SS/EAjulj9 TjJonvrrvQ2bcns12je7vw== 0001157523-08-006174.txt : 20080731 0001157523-08-006174.hdr.sgml : 20080731 20080731125436 ACCESSION NUMBER: 0001157523-08-006174 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080729 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080731 DATE AS OF CHANGE: 20080731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAMDEN NATIONAL CORP CENTRAL INDEX KEY: 0000750686 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 010413282 STATE OF INCORPORATION: ME FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13227 FILM NUMBER: 08981170 BUSINESS ADDRESS: STREET 1: TWO ELM ST CITY: CAMDEN STATE: ME ZIP: 04843 BUSINESS PHONE: 2072368821 MAIL ADDRESS: STREET 1: 2 ELM ST CITY: CAMDEN STATE: ME ZIP: 04843 8-K 1 a5745073.htm CAMDEN NATIONAL CORPORATION

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15 (d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2008


CAMDEN NATIONAL CORPORATION
(Exact name of Registrant as specified in charter)

MAINE

01-28190

01-0413282

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS employer

Identification No.)



 

Two Elm Street, Camden, Maine

 

04843

(Address of principal executive offices)

(Zip Code)


(207) 236-8821
(Registrant’s telephone number, including area code)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 31, 2008, the Camden National Corporation (the “Company”) issued a press release announcing that, on July 29, 2008, the Board of Directors appointed Deborah A. Jordan, 42, to serve as the new Chief Financial Officer effective September 1, 2008. Also effective September 1, 2008, Ms. Jordan will assume the duties of Principal Financial and Accounting Officer from Ms. Susan Westfall, Senior Vice President and Corporate Controller.

Previously, from January 1992 to August 2008, Ms. Jordan served as executive vice president and chief financial officer of Merrill Merchants Bancshares, Inc. based in Bangor, Maine, prior to its acquisition by Chittenden Corporation and People’s United Financial Inc. Prior to joining Merrill Merchants Bancshares, Inc.,  from August 1987 to  December 1992, Ms. Jordan was an audit manager for Arthur Andersen in its Boston office.

As part of her executive compensation package, Ms. Jordan was awarded 7,500 stock options of Camden National Corporation stock and she will participate in the Executive Incentive Plan, the Long Term Incentive Plan and the Defined Contribution Retirement Plan.  Ms. Jordan's base salary is $175,000.  There is no arrangement or understanding in connection with Ms. Jordan’s appointment as Chief Financial Officer.  There are no related party transactions between the Company and Ms. Jordan reportable under Item 404(a) of Regulation S-K.

The Company’s press release regarding the matters described in this Item 5.02 of this Current Report on Form 8-K, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.     Financial Statements and Exhibits.

(d)       The following exhibits are filed with this Report:

 

Exhibit No.

 

Description

 

99.1

Press release announcing appointment of Deborah A. Jordan, CPA


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be filed on its behalf by the undersigned thereunto duly authorized.

 

CAMDEN NATIONAL CORPORATION

 
 
 

By:

/s/ Susan M. Westfall

 

Date: July 31, 2008

Susan M. Westfall

SVP Corporate Controller and Principal
Financial & Accounting Officer

 

EX-99.1 2 a5745073ex991.htm EXHIBIT 99.1

Exhibit 99.1

Camden National Corporation Names New Chief Financial Officer

Deborah A. Jordan to Join Camden National Corporation as CFO

CAMDEN, Maine--(BUSINESS WIRE)--Robert W. Daigle, president and chief executive officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced that Deborah A. Jordan, CPA, 42, will join the Company as senior vice president, chief financial officer, and principal financial and accounting officer, effective September 1, 2008. Jordan will oversee the finance, accounting, budgeting, treasury, and investor relations functions for the Company.

Jordan was previously executive vice president and chief financial officer of Merrill Merchants Bancshares, Inc. (Merrill) based in Bangor, Maine, prior to its acquisition by Chittenden Corporation and People’s United Financial, Inc. Jordan presently oversees a number of financial and administrative functions at Merrill.

“With more than 20 years of experience in banking and financial management roles, Debbie brings considerable expertise in leading the financial function of a publicly traded community bank,” stated Daigle. “As a Certified Public Accountant, Debbie has a proven track record in financial reporting as well as strategic financial management of an organization. Her background will allow her to work with all of our major corporate constituencies to innovate financial management strategies, operating processes and performance measurement practices.”

During her tenure at Merrill, Jordan had oversight for the bank’s initial public offering, operating systems conversion, and acquisition negotiations as well as other administrative functions. Prior to joining Merrill, Jordan was an audit manager with Arthur Andersen’s Boston office.

“I look forward to joining Camden National Corporation and being part of its senior management team,” said Jordan.

A native of Maine, Jordan received a Bachelor of Science degree in Accounting from Husson College and an Associates degree in Business Management from Eastern Maine Community College. She is a member of the Maine State Society of Certified Public Accountants.

Jordan currently serves as a board member with Eastern Maine Community College Foundation, an organizer of Camp Capella, Inc. and a finance committee member for the Bangor Public Library.


Jordan and her husband, Bruce, have a son. The family will relocate to the Midcoast area in the fall.

Camden National Corporation, ranked in the top 20 in US Banker's 2008 list of top-performing mid-tier banks, headquartered in Camden, Maine, and listed on the NASDAQ® Global Select Market (“NASDAQ”) under the symbol CAC, is the holding company employing 440 Maine residents for two financial services companies, including Camden National Bank (CNB), a full-service community bank with a network of 37 banking offices serving coastal, western, central, and eastern Maine, and Acadia Trust, N.A., offering investment management and fiduciary services with offices in Portland, Bangor, and Ellsworth. Acadia Financial Consultants is a division of CNB, offering full-service brokerage services.

CONTACT:
Camden National Corporation
Suzanne Brightbill, 207-230-2120
Public Relations Officer
sbrightbill@camdennational.com

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