Camden National Corporation (CAC) Announces Gregory Dufour As New CEO

January 5, 2009 9:15 AM EST

The Board of Directors of Camden National Corporation (NYSE: CAC) announced that Gregory A. Dufour has succeeded Robert W. Daigle as president and chief executive officer of Camden National Corporation effective January 1, 2009. This succession plan was previously announced at the Company's annual meeting on April 29, 2008.

In addition to his new responsibilities, Dufour will retain the titles of president and chief executive officer for Camden National Bank and serve, on an interim basis, as chief executive officer for Acadia Trust, N.A., the Company's wealth management subsidiary.

Under Dufour's leadership, Camden National Bank expanded its footprint into the western and down east Maine markets with the mergers of UnitedKingfield Bank and Union Trust Company, respectively.

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Camden National Corporation, ranked in the top 20 in USBanker's 2008 list of top-performing mid-tier banks.


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