Camden National Corporation announces the appointment of Marie J. McCarthy as Vice-Chair of the Board and future Chair of the Board upon the retirement of Lawrence J. Sterrs.
McCarthy's leadership experience is expected to drive long-term value creation for the company.
Lawrence J. Sterrs will retire from the Board on December 31, 2025, after 10 years of service, with Marie McCarthy succeeding him as Chair.
Leadership Succession
Marie J. McCarthy appointed Vice-Chair and future Chair of the Board upon Lawrence J. Sterrs' retirement.
Sterrs' Retirement
Lawrence J. Sterrs, Chair of the Board since 2017, to retire on December 31, 2025, after 10 years of service.
McCarthy's Impact
Marie J. McCarthy's extensive leadership experience poised to drive long-term value creation for Camden National Corporation.
- Mr. Lawrence J. Sterrs' retirement and Marie J. McCarthy's appointment mark a significant leadership transition at Camden National Corporation.
- The succession plan signals a strategic move to ensure continuity and continued success for the company under McCarthy's leadership.
The succession plan at Camden National Corporation reflects a strategic approach to ensure continuity and long-term value creation. Marie J. McCarthy's appointment as Chair of the Board signals a new chapter in the company's leadership.