New Avesta Housing CEO to join Camden National board

Rebecca Hatfield, Avesta Housing’s new president and CEO, will join the board of directors at Camden National Corp. (Nasdaq: CAC), parent company of Camden National Bank, at the end of this year.

Effective Dec. 31, Hatfield will join the Camden National Corp. board, becoming the eleventh corporate-level board member and fifth woman, the company said Wednesday.

Hatfield, 44, will also serve on the board’s capital committee and on Camden National Bank’s board of directors.

“We are extremely pleased to welcome Rebecca as a new independent director to our board,” said Larry Sterrs, who chairs Camden National Corp.’s board of directors. “Rebecca’s deep knowledge of risk management, including underwriting and portfolio management will bring invaluable perspective which will enrich and strengthen the board. Her professional experience leading Avesta Housing will provide additional insight into the needs of the customers and communities the bank serves.”