FIRST BANCORP INC (FNLC)
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Director information for FNLC
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
| FNLC | Retired Treasurer and Chief Financial Officer, The First Bancorp and First National Bank; Director of the Company and the Bank | 72 | ["Retired as Treasurer and Chief Financial Officer of the Company","Chief Financial Officer of the Company since 1994","Chief Financial Officer of the Bank since 1993","28-year career at the Bank and the Company","Active in local government","Involved with several non-profit organizations","Past Board Chair for Coastal Ventures Inc.","Served on the Member Advisory Panel of the Federal Home Loan Bank of Boston","Experience in financial statement preparation, asset/liability management, and management of a complex fixed-income investment portfolio"] | ["Audit"] | 2026 |
Biography sourced from the proxy statement filing.
Mr. Ward retired as Treasurer and Chief Financial Officer of the Company on March 30, 2018, after serving as Chief Financial Officer of the Company since 1994 and as Chief Financial Officer of the Bank since 1993. During his 28-year career at the Bank and the Company, Mr. Ward was active in local government, serving on the Edgecomb Budget Committee for three years and the Edgecomb School Committee for nine years, including seven years as Chair, as well as the Union 49 School Board for nine years, including three years as Vice-Chair. He has been involved with several non-profit organizations, including Round Top Center for the Arts and the Boothbay Region YMCA. He is past Board Chair for Coastal Ventures Inc. ( CVI ), the venture capital subsidiary of Coastal Enterprises which operates four venture capital funds that provide seed capital to startup and early stage companies, primarily in northern New England, with a strong focus on job creation in the region. The majority of the investors in these funds are Maine-based banks. For six years, Mr. Ward also served on the Member Advisory Panel of the Federal Home Loan Bank of Boston, an important funding source for the Bank. The Board concluded that Mr. Ward is well suited to serve as a director of the Company because of his experience as a former senior officer of the Company with more than two decades in bank executive management. In addition, he has extensive experience in financial statement preparation, asset/liability management and management of a complex fixed-income investment portfolio.