Corporate governance

🔒Corporate Social Responsibility: Maine businesses aligning purpose with practice

Through corporate social responsibility, companies intentionally develop policies that give back to the community through environmental, ethical, philanthropic and economic initiatives.

Longtime board president at New England Cancer Specialists to step down; successor named

Devon Evans will succeed Chiara Battelli as the new president of the board of directors, assuming the role on Jan. 1.

Finance Authority of Maine names new members to the board

FAME's new board members have leadership expertise in government, education and banking.

Saint Joseph’s College of Maine names new members to the board of trustees

Saint Joseph's College of Maine has appointed seven individuals to its board of trustees.
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Former president and CEO of United Way of Southern Maine joins FocusMaine board

FocusMaine has added Liz Cotter Schlax to its board.

Hedge fund threatens proxy fight at WEX, alleging ‘pattern of underperformance’

Impactive Capital LP, a New York-based hedge fund and 7% shareholder in WEX, aims to replace three WEX board members and nominate four of its own unless WEX changes course before next year's annual meeting.

A trust banks groundfish and scallop quotas for Maine fishermen

The Maine Coast Fishermen’s Association in Brunswick and the Maine chapter of the Nature Conservancy said the Fisheries Trust of Maine is designed to ensure that there are permits and quotas available for fishermen to lease.

How to get the most out of serving on a board

Board recruitment is a top challenge, writes guest columnist Judy Parkhill. There’s a chronic need for board members to provide the kind of support and strategic direction that so many nonprofits need.
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L.L.Bean executive appointed to Camden National board

Raina Maxwell has been appointed to the Camden National Corp. (Nasdaq: CAC) board of directors.

A Consigli general superintendent joins Maine Community College System board

Construction executive Stacey Harris has been appointed to serve on the board of the Maine Community College system.
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