Camden National Corp 8-K, filed Aug 18, 2020
Camden National Corp (CAC)
8-K
2020-08-18
For: 2020-08-18
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Added on
April 04, 2026
About this 8-K
Camden National Corp filed this 8-K on August 18, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
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): August 18, 2020
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |
(Address of principal executive offices) | (Zip Code) | ||
Registrant's telephone number, including area code: (207 ) 236-8821
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:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Item 8.01 | Other Events. |
On August 18, 2020, Camden National Corporation (the "Company") announced that Ryan A. Smith was promoted to Executive Vice President, Commercial Banking of the Company's wholly-owned subsidiary, Camden National Bank (the "Bank"), effective September 1, 2020. Prior to his promotion, Mr. Smith most recently served as the Bank's Senior Vice President, Director of Credit Administration and before that as a Senior Vice President, Regional Director of Commercial Lending.
Timothy P. Nightingale, who previously served as the Bank's Executive Vice President, Commercial Banking will now serve as its Executive Vice President, Chief Credit Officer, effective September 1, 2020.
Please refer to exhibit 99.1 filed with this report for the Company's press release announcing the appointment of Messrs. Smith and Nightingale.
Item 9.01 | Financial Statements and Exhibits. |
(d) The following exhibits are filed with this Report:
Exhibit No. | Description |
101 | Cover Page Interactive Data - the cover page XBRL tags are embedded within the Inline XBRL document. |
104 | Cover Page Interactive Data File - Included in Exhibit 101. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 18, 2020
CAMDEN NATIONAL CORPORATION (Registrant) | ||
By: | /s/ GREGORY A. WHITE | |
Gregory A. White Chief Financial Officer and Principal Financial & Accounting Officer | ||
CONTACT: Gretchen Williams PR & Communications Officer Camden National Bank (207) 518-5684 or gwilliams@CamdenNational.com Tuesday, August 18, 2020 Camden National Bank expands executive team with internal promotions Camden, Maine, August 18, 2020 – Camden National Bank announced that effective September 1, 2020, Timothy P. Nightingale will become Executive Vice President, Chief Credit Officer, and Ryan A. Smith will be promoted from Senior Vice President, Director of Credit Administration to Executive Vice President, Commercial Banking. Nightingale joined Camden National Bank more than 20 years ago and most recently served as Executive Vice President, Senior Loan Officer. Smith joined the bank in 2012 and has since been promoted to leadership roles in commercial banking, treasury management, and credit administration, culminating in his new position on the executive team. “Tim and Ryan have been instrumental to the success and growth of Camden National Bank’s commercial banking division, as well as our exceptional loan portfolio and balanced underwriting management over the years,” said Greg Dufour, President & CEO of Camden National Bank. “Both have had dedicated careers at Camden National Bank, seeking opportunities to grow professionally and better serve clients, fellow employees, local communities, and our shareholders.” Nightingale, who will be leading credit and underwriting, special assets, and commercial administration in his new role, first joined as Regional Vice President of UnitedKingfield Bank, a wholly owned subsidiary of Camden National Corporation. In 2001, he was named Senior Lending Officer and was promoted to Senior Vice President in 2003. In September 2006, when UnitedKingfield Bank merged into Camden National Bank, Nightingale became Senior Vice President, Senior Lending Officer. In January 2011, he was promoted to Executive Vice President. Nightingale currently serves on the board of directors for the Finance Authority of Maine, as well as the Economic Growth Council of Maine, both of which are gubernatorial appointments. He is a former gubernatorial appointee and served for seven years on the board of Maine Technology Institute. Smith brings more than 25 years of banking and finance experience—including extensive knowledge of commercial lending, business banking, and treasury management services—to his new role on the executive team. In 2012, Smith joined Camden National Bank to lead commercial banking efforts in central and southern Maine. He soon took on the added responsibility of leading the treasury management group, and he was named Camden National Bank’s Officer of the Year in 2014. He grew the treasury management line of business through 2015, when he became Director of Commercial
Banking for central and midcoast Maine. In 2019, he was promoted to Senior Vice President, Director of Credit Administration. Originally from Maine, Smith currently resides in Auburn with his family. He is actively involved in the local community as a volunteer coach for youth baseball. He also serves as a Board Director and Past President of the Maine Building Materials Exchange. Smith is a member of the Commercial Lending Committee for the Maine Bankers Association. He has his Bachelors of Science in Finance from the University of Maine. “We look forward to the next chapter of Tim and Ryan’s service on our executive management team,” continued Dufour. “They will work closely to build upon our strong foundation in commercial banking.”