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Camden National Executive Compensation (FY25)

CAC · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 21, 2026
259 figures on this page: 250 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Simon Griffiths was paid $2,318,520 in total compensation as President and Chief Executive Officer for fiscal 2025, and Griffiths' total was 20.6% higher than the $1,923,165 reported for fiscal 2024. The company reported a chief executive pay ratio of 37:1 for fiscal 2025, against median employee compensation of $63,060. The say-on-pay proposal drew 98.7% of votes cast for or against in favor at the meeting held May 19, 2026 for fiscal 2025. The disclosed peer group includes Bar Harbor Bankshares, Berkshire Hills Bancorp, Inc., Brookline Bancorp, Inc., CNB Financial Corporation and ConnectOne Bancorp, Inc., among others.
Chief executive, fiscal 2025
◇
Simon Griffiths
Latest say-on-pay support
=
May 19, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Simon Griffiths: $1,923,165 → $2,318,520 (20.6% higher)
Say-on-pay support: 98.2% → 98.7% (0.5 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Camden National's chief executive and what were they paid?
Simon Griffiths was paid $2,318,520 in total compensation as President and Chief Executive Officer for fiscal 2025. Griffiths' total was 20.6% higher than the $1,923,165 reported for fiscal 2024.
What was Camden National's say-on-pay result?
The say-on-pay proposal drew 98.7% of votes cast for or against in favor at the meeting held May 19, 2026 for fiscal 2025.
Which companies are in Camden National's peer group?
The disclosed peer group includes Bar Harbor Bankshares, Berkshire Hills Bancorp, Inc., Brookline Bancorp, Inc., CNB Financial Corporation and ConnectOne Bancorp, Inc., among others.
What is Camden National's chief executive pay ratio?
The company reported a chief executive pay ratio of 37:1 for fiscal 2025, against median employee compensation of $63,060.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Simon Griffiths
President & CEO
◇◇◇———◇◇
William Martel
EVP, Chief Technology Officer
◇◇◇———◇◇
Patricia Rose
EVP, Retail & Mortgage Banking
◇◇◇———◇◇
Michael Archer
EVP, CFO
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Simon Griffiths
President & CEO
◇◇◇—◇—◇◇
Michael Archer
EVP, CFO
◇—◇—◇—◇◇
Ryan Smith
EVP, Chief Credit Officer
◇—◇—◇—◇◇
William Martel
EVP, Chief Technology Officer
◇—◇—◇—◇◇
Patricia Rose
EVP, Retail & Mortgage Banking
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Simon Griffiths
President and Chief Executive Officer
◇—◇—◇—◇◇
Michael Archer
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
William Martel
Executive Vice President, Chief Technology Officer
◇—◇—◇—◇◇
Ryan Smith
Executive Vice President, Chief Credit Officer
◇—◇—◇—◇◇
Patricia Rose
Executive Vice President, Retail and Mortgage Banking
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Michael R. ArcherPSA—— withheld◇—◇—◇
Michael R. ArcherRSA—— withheld◇—◇—◇
Michael R. ArcherPSU—— withheld◇—◇—◇
Patricia A. RosePSA—— withheld◇—◇—◇
Patricia A. RoseRSA—— withheld◇—◇—◇
Patricia A. RosePSU—— withheld◇—◇—◇
Ryan A. SmithPSU—— withheld◇—◇—◇
Ryan A. SmithRSA—— withheld◇—◇—◇
Ryan A. SmithPSA—— withheld◇—◇—◇
Simon R. GriffithsRSA—— withheld◇—◇—◇
Simon R. GriffithsPSU—— withheld◇—◇—◇
Simon R. GriffithsPSA—— withheld◇—◇—◇
Simon R. GriffithsPSU—— withheld◇—◇—◇
William H. MartelPSU—— withheld◇—◇—◇
William H. MartelPSA—— withheld◇—◇—◇
William H. MartelRSA—— withheld◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael ArcherPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Simon GriffithsPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
William MartelPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Ryan SmithPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Patricia RosePSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lawrence J. Sterrs
◇◇————◇
James H. Page, Ph.D
◇◇————◇
S. Catherine Longley
◇◇————◇
Craig N. Denekas
◇◇————◇
Larry K. Haynes
◇◇————◇
Robin A. Sawyer
◇◇————◇
Carl J. Soderberg
◇◇————◇
Marie J. McCarthy
Board chair
◇◇————◇
Rebecca K. Hatfield
◇◇————◇
Raina L. Maxwell
◇◇————◇
Robert D. Merrill
◇◇————◇
Simon R. Griffiths served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Bar Harbor Bankshares BHB
  • Berkshire Hills Bancorp, Inc. BBT
  • Brookline Bancorp, Inc. BRKL
  • CNB Financial Corporation CCNE
  • ConnectOne Bancorp, Inc. CNOB
  • Enterprise Bancorp, Inc. EBTC
  • Financial Institutions, Inc. FISI
  • First Commonwealth Financial Corporation FCF
  • Mid Penn Bancorp, Inc. MPB
  • NBT Bancorp Inc. NBTB
  • Northfield Bancorp, Inc. NFBK
  • Peapack-Gladstone Financial Corporation PGC
  • Peoples Financial Services Corp. PFIS
  • S&T Bancorp, Inc. STBA
  • Tompkins Financial Corporation TMP
  • Univest Financial Corporation UVSP
  • Washington Trust Bancorp, Inc. WASH

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 28, 2020=◇◇◇
2018April 30, 2019=◇◇◇
2017April 24, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Camden National disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Camden National sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
259 figures on this page: 250 cited to the filing that reported them, 9 calculated from figures it prints.
250 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000750686-26-000033
  2. 0000750686-26-000017
    2025 Director Compensation Components · 2025 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · 2025 SUMMARY COMPENSATION TABLE · DIRECTOR COMPENSATION · and 3 more sections
  3. 0000750686-25-000226
  4. 0000750686-25-000164
    2024 SUMMARY COMPENSATION TABLE
  5. 0000750686-24-000195
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000750686-24-000116
    Summary Compensation Table
  7. 0000750686-23-000200
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000750686-22-000128
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000750686-21-000109
  10. 0000750686-20-000114
  11. 0000750686-19-000094
  12. 0000750686-18-000091
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Velarion, “Camden National executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/CAC (accessed 2026).
Short form: data: Velarion
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Camden National discloses

The companies named in CAC's own disclosed peer group.

Bar Harbor BanksharesBerkshire Hills Bancorp, Inc.CNB Financial CorporationConnectOne Bancorp, Inc.Financial Institutions, Inc.First Commonwealth Financial CorporationMid Penn Bancorp, Inc.NBT Bancorp Inc.Northfield Bancorp, Inc.Peapack-Gladstone Financial CorporationPeoples Financial Services Corp.S&T Bancorp, Inc.Tompkins Financial CorporationUnivest Financial CorporationWashington Trust Bancorp, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy