Spinnaker Trust adds board member with experience in venture capital, impact investing

Spinnaker Trust Blaine Grimes brings more than 30 years of experience in both the private and public sectors to Spinnaker’s board.

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By Alexis Wells

Spinnaker Trust has appointed the chief ventures officer for the Gulf of Maine Research Institute to its board of directors.

Blaine Grimes brings more than 30 years of experience in the private and public sectors to Spinnaker’s board.

In her position at the Gulf of Maine Research Institute, she draws on the organization’s ocean science and climate expertise to advance business ideas, coalesce investment, lead partnerships, and create opportunities for innovation that contribute to economic opportunity.

She previously held senior management positions at IDEXX Laboratories and the VIA Group.

“Spinnaker Trust is a company that has distinguished itself through excellence in its wealth management practice as well as its deep commitment to client and community service,” Grimes said.

Grimes is a former trustee and board chair of the Maine Venture Fund, a current board member and chair of the Portland Development Corp. and she serves on the board of GMRI’s for-profit subsidiary, True Fin Seafood.

Grimes received her undergraduate degree from Amherst College and her masters from Harvard Business School.

“We are thrilled to welcome Blaine to our board,” said Dick Curran, Spinnaker Trust's chairman. “She brings a unique blend of expertise and experience in impact investment and venture capital. She’s the perfect fit to help guide the work we’re doing to help our clients achieve their financial goals and grow their assets for future generations.”

Founded in 2000, Portland-based Spinnaker Trust is chartered as a non-depository trust company that manages over $2.5 billion for a global clientele. It provides investment management, trust, estate planning and tax services.