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Camden National Announces Board Leadership Transition

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Camden National Announces Board Leadership Transition

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Camden National ( (CAC) ) has shared an announcement.

On September 4, 2025, Lawrence J. Sterrs announced his retirement from Camden National Corporation’s Board of Directors, effective December 31, 2025, after a decade of service. Marie J. McCarthy, who has been a board member since 2018, was appointed as Vice-Chair immediately and will succeed Sterrs as Chair upon his retirement. This transition marks a well-executed succession process, ensuring leadership continuity for Camden National. McCarthy brings extensive leadership experience from her tenure at L.L.Bean, where she served in various capacities, including Chief Operations Officer, and her appointment is expected to drive long-term value creation for the company.

The most recent analyst rating on (CAC) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Camden National stock, see the CAC Stock Forecast page.

Spark’s Take on CAC Stock

According to Spark, TipRanks’ AI Analyst, CAC is a Outperform.

Camden National’s overall stock score is driven by strong valuation metrics and positive technical indicators. The company’s stable financial performance and positive earnings call sentiment further support the score, despite challenges in profitability and cash flow.

To see Spark’s full report on CAC stock, click here.

More about Camden National

Camden National Corporation, trading on NASDAQ as CAC, is the largest publicly traded bank holding company in Northern New England with $6.9 billion in assets. Founded in 1875, it operates 72 banking centers in Maine and New Hampshire, offering full-service community banking with digital services and personalized support. Camden National Wealth Management provides comprehensive wealth management, investment, and financial planning services.

Average Trading Volume: 68,283

Technical Sentiment Signal: Strong Buy

Current Market Cap: $686.3M

See more insights into CAC stock on TipRanks’ Stock Analysis page.

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