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58 min ago

L.L.Bean executive appointed to Camden National board

L.L.Bean executive Raina Maxwell was named to the Camden National Corp. (Nasdaq: CAC) board of directors, effective Feb. 25. 

Maxwell has years of experience building and leading the customer satisfaction program for the Freeport-based clothing and outdoor gear maker.

Photo / Courtesy Camden National Bank
Raina Maxwell

She started her career in finance at L.L.Bean in 2004, where she spent several years overseeing the planning, development and execution of long-term strategic financial initiatives for corporate. 

"We're delighted to continue to make strategic additions and enhancements to our board," said Larry Sterrs, chair of Camden National's board of directors.

"Raina's extensive experience and dedication to delivering exceptional customer satisfaction, complimented by her strong financial expertise, will play a vital role in guiding our efforts to solidify our position as the premier publicly traded bank in Northern New England."

Before joining L.L.Bean, Maxwell held several financial roles at Standard & Poor's Corporate Value Consulting, formerly PricewaterhouseCoopers LLP and Carana Corp.

Maxwell graduated from Leadership Maine, earned her master's degree in business administration from the University of Virginia, and her bachelor's degree in economics and international affairs from the University of New Hampshire.

"It's truly an honor to join a company that prioritizes its people, embraces technology, and, most importantly, deeply understands its community," said Maxwell. "Camden National Bank aligns with my passion for fostering long-term growth through innovation and exceptional customer service, both in digital interactions and personal, face-to-face experiences."

As of June 30, 2024, Camden National Bank had $5.7 billion in assets, placing it at No. 2 among Maine-based banks after Bangor Savings in the 2025 Mainebiz Book of Lists to be published on Dec. 30.

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