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Joseph Murphy, president and CEO of Bar Harbor Bankshares, will step down after over a decade leading the company that owns the 15-branch Bar Harbor Bank & Trust.
The bank announced the move in a press release Tuesday that indicated Murphy will retire from the company in June 2013 but is expected to continue to serve on the company's board of directors.
In August, the company acquired the Augusta-based Border Trust and in October reported that it had a record third quarter and year, with net income for the first nine months of the year coming in 11.4% above the first nine months of 2011.
The company has formed a succession committee and is evaluating internal and external candidates for Murphy's replacement.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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