---
schema_version: "secwatch.filing_event.v1"
accession: "0000750686-23-000260"
form_type: "8-K"
ticker: "CAC"
cik: "0000750686"
company_name: "CAMDEN NATIONAL CORP"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:38:23.300681+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Camden National appoints Simon Griffiths as CEO successor to Greg Dufour effective Jan 1, 2024

## Summary
- Simon Griffiths, age 50, joins as EVP & COO on Nov 20, 2023, becomes President & CEO on Jan 1, 2024.
- Gregory Dufour, CEO since 2009, retires Dec 31, 2023; remains advisor through Mar 31, 2024 (or Jun 30).
- Griffiths receives $825K base salary, $500K sign-on cash, $700K sign-on equity, $125K relocation.
- Dufour transition agreement provides continued salary/benefits; unvested RSAs accelerate upon retirement.
- Griffiths previously EVP at Citizens Bank; 20+ years banking experience, including Santander and JPMorgan.

## SEC filing metadata
- accession: 0000750686-23-000260
- form_type: 8-K
- ticker: CAC
- cik: 0000750686
- company_name: CAMDEN NATIONAL CORP
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750686/000075068623000260/0000750686-23-000260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750686/000075068623000260/cac-20230816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750686-23-000260
- JSON: https://secwatch.observer/filing/0000750686-23-000260.json
- Plain text: https://secwatch.observer/filing/0000750686-23-000260.txt

## Key facts
- Executive change
  Simon Griffiths was appointed as President and Chief Executive Officer at CAMDEN NATIONAL CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Effective January 1, 2024, the Company’s Board of Directors (the “Board”) has appointed Mr. Griffiths as President and Chief Executive Officer and as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/750686/000075068623000260/0000750686-23-000260-index.htm
- Executive change
  Gregory A. Dufour departed as President and Chief Executive Officer at CAMDEN NATIONAL CORP.
  - Action: will depart
  - Role: President and Chief Executive Officer
  source text: On August 21, 2023, the Company also announced that, as part of this leadership transition, Mr. Dufour will depart from his position as President and Chief Executive Officer and as a member of the Board and Bank Board, effective December 31, 2023 (the “Transition Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/750686/000075068623000260/0000750686-23-000260-index.htm
- Executive change
  Simon Griffiths was appointed as Executive Vice President & Chief Operating Officer at CAMDEN NATIONAL CORP.
  - Action: will join
  - Role: Executive Vice President & Chief Operating Officer
  source text: On August 21, 2023, Camden National Corporation (the “Company”) announced that Simon Griffiths will join the Company as Executive Vice President & Chief Operating Officer on or around November 20, 2023 (the “Employment Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/750686/000075068623000260/0000750686-23-000260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.