FOR IMMEDIATE RELEASE
CONTACT: Cathy Planchart, VP
Corporate Communications & Community Relations
Bar Harbor Bank & Trust
P.O. Box 1089, Ellsworth, ME 04605
207-667-0660 x14655 / email@example.com
DATE: May 19, 2017
TITLE: LEONARD R. CASHMAN ELECTED AS A DIRECTOR OF BAR HARBOR BANKSHARES AND BAR HARBOR BANK & TRUST
BAR HARBOR, Maine– On May 16, 2017, Leonard R. Cashman was elected to serve as a Director of both Bar Harbor Bank & Trust and its parent company, Bar Harbor Bankshares (NYSE MKT: BHB).
Mr. Cashman is an owner and partner of C.O. Properties, a real estate holding company based in New Hampshire. For about 25 years, Mr. Cashman worked in the whole sale food industry throughout New England, rising to the position of Vice President and General Manager at P&C Foods, Inc. Mr. Cashman has also owned a car wash in Lebanon, New Hampshire; been involved in the marketing of specialized group medical insurance products; and in the early 1990s, he was one of the founders of Landmark Bank in Lebanon, NH. In 1997, Landmark Bank was purchased by Lake Sunapee Bank Group and Mr. Cashman joined the Board of Directors. During his 20 years as a Director of Lake Sunapee Bank Group, Mr. Cashman was an active committee member, serving on the loan committee, executive committee and chair of the compensation committee.
A life-long resident of New England, Mr. Cashman and his family moved to Hanover, NH in 1975. He is an avid sportsman and over the years coached school baseball teams, served as president of the Hanover Hockey Association, and for two years ran the Norris Cotton Cancer Center golf tournament for Dartmouth-Hitchcock Medical Center.
“Mr. Cashman’s extensive experience as a successful business owner and former bank director at two other institutions, as well as being a long-term resident of New Hampshire, makes him a valuable member to the Bar Harbor Bankshares Board of Directors in guiding the future direction of the bank,” said Curtis Simard, President and CEO of Bar Harbor Bank & Trust.
Bar Harbor Bankshares (NYSE MKT: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Founded in 1887, Bar Harbor Bank & Trust is a true community bank serving the financial needs of its clients for over 125 years. Bar Harbor provides full service community banking with office locations in all three Northern New England states of Maine, New Hampshire and Vermont. For more information call 1-888-853-7100 or go to www.bhbt.com.