secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN NATIONAL CORP (CAC)
CIK:        0000750686
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0000750686-23-000293
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chief Credit Officer Timothy Nightingale retires; Ryan Smith succeeds as CCO
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- Timothy Nightingale, age 66, retired as Chief Credit Officer Dec 12, 2023 for personal health reasons after 23 years at Camden National.
- Ryan Smith, EVP of Commercial Banking, assumed Chief Credit Officer role effective Dec 12, 2023.
- Under separation agreement: Nightingale receives accelerated vesting of equity awards; 7,912 shares and $41,500 cash.
- Smith joined Camden National in 2012, led commercial banking and credit administration before promotion.
- Simon Griffiths, incoming president/CEO on Jan 1, 2024, praised Smith's readiness for the role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750686/000075068623000293/0000750686-23-000293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750686/000075068623000293/cac-20231212.htm
  HTML page:      https://secwatch.observer/filing/0000750686-23-000293

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