The First Bancorp Inc.
07/17/2024 | Press release | Distributed by Public on 07/17/2024 14:18
Management Change/Compensation Form 8 K
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On July 17, 2024, Susan A Norton, Clerk of The First Bancorp (the Company) and Executive Vice President, Chief Administrative Officer of First National Bank (the Bank) the Company's wholly owned banking subsidiary, provided notice of her intention to retire from the Company, effective February 14, 2025.
Ms. Norton joined the Bank in 1992 and took on positions of increasing responsibility in compliance/risk, human resources and marketing and has been a member of the bank's Executive Management Team since 2002. She has served as the Clerk of the Company since 2021. It is expected that succeeding Ms. Norton will be Marcia Benner, currently SVP/Human Resources Officer. Ms. Benner joined the Bank in 2021 after working as EVP/CAO for another community bank. Ms. Benner will assume Ms. Norton's Human Resources and Marketing responsibilities. Also expected to succeed Ms. Norton, will be Jody Brown, currently SVP/Senior Credit Officer. Ms. Brown joined the Bank in 2002 and will assume Ms. Norton's Compliance/BSA and Risk responsibilities. Both Ms. Benner and Ms. Brown will be elevated to the Executive Management Team at a later date.