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V O L . X X I I N O. X X I X 18 BO O K O F L I S T S 2 0 17 C O R P O R AT E IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com 6 Gregory Dufour, president & CEO Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $1,316,695 $453,846 N/A $421,135 $23,707 $126.6 4 Financial services 7 Jacqueline L. Studer, VP, general counsel & secretary IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $1,261,537 $361,846 N/A $137,445 $142,661 $1,601.9 Biotechnology 8 George Hogan, SVP of international WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $880,824 $318,308 $50,000 $280,021 $21,344 $854.6 Payment solutions 9 Richard Wayne, president & CEO Northeast Bancorp 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $874,608 $500,000 N/A $362,400 $12,208 $51.7 4 Financial services 10 Hilary Rapkin, SVP & general counsel WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $855,477 $362,884 N/A $259,997 $23,903 $854.6 Payment solutions 11 Curtis Simard, president & CEO of Bankshares and Bar Harbor Bank & Trust Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $828,631 $438,000 N/A $164,256 $22,600 $64.2 4 Financial services 12 Kenneth W. Janosick, SVP & general manager of global fleet direct WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $807,152 $320,000 N/A $280,021 $13,984 $854.6 Payment solutions 13 Steven Elder, SVP & CFO WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $725,721 $347,885 N/A $159,983 $26,343 $854.6 Payment solutions 14 Deborah Jordan, EVP, CFO & COO Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $689,473 $279,423 N/A $264,714 $20,050 $126.6 4 Financial services 15 Tony C. McKim, president & CEO The First Bancorp Inc. 223 Main St., Damariscotta 04543 563-3195, www.thefirstbancorp.com $615,609 $375,000 N/A $75,000 $15,609 $63.0 4 Financial services 16 Gerald Shencavitz, EVP, CFO & treasurer of Bankshares and EVP, CFO & COO of Bar Harbor Bank & Trust Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $590,621 $275,000 N/A $94,560 $17,500 $64.2 4 Financial services 17 Joanne T. Campbell, EVP of risk management Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $577,440 $198,473 N/A $135,695 $18,623 $126.6 4 Financial services 18 Timothy Nightingale, EVP & senior loan officer Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $503,164 $224,654 N/A $178,697 $19,813 $126.6 4 Financial services 19 F. Stephen Ward, EVP & principal financial officer The First Bancorp Inc. 223 Main St., Damariscotta 04543 563-3195, www.thefirstbancorp.com $454,769 $247,000 N/A $37,050 $15,125 $63.0 4 Financial services 20 June Parent, EVP of retail banking Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $449,847 $200,334 N/A $163,545 $16,768 $126.6 4 Financial services 1 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation and change in pension value and nonqualified deferred compensation earnings, where applicable. 2 Does not include option awards. 8 George Hogan, SVP of international WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $880,824 $318,308 $50,000 $280,021 $21,344 $854.6 Payment solutions 9 Richard Wayne, president & CEO Northeast Bancorp 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $874,608 $500,000 N/A $362,400 $12,208 $51.7 4 Financial services 10 Hilary Rapkin, SVP & general counsel WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $855,477 $362,884 N/A $259,997 $23,903 $854.6 Payment solutions 11 Curtis Simard, president & CEO of Bankshares and Bar Harbor Bank & Trust Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $828,631 $438,000 N/A $164,256 $22,600 $64.2 4 Financial services 12 Kenneth W. Janosick, SVP & general manager of global fleet direct WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $807,152 $320,000 N/A $280,021 $13,984 $854.6 Payment solutions 13 Steven Elder, SVP & CFO WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $725,721 $347,885 N/A $159,983 $26,343 $854.6 Payment solutions 14 Deborah Jordan, EVP, CFO & COO Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $689,473 $279,423 N/A $264,714 $20,050 $126.6 4 Financial services 15 Tony C. McKim, president & CEO The First Bancorp Inc. 223 Main St., Damariscotta 04543 563-3195, www.thefirstbancorp.com $615,609 $375,000 N/A $75,000 $15,609 $63.0 4 Financial services 16 Gerald Shencavitz, EVP, CFO & treasurer of Bankshares and EVP, CFO & COO of Bar Harbor Bank & Trust Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $590,621 $275,000 N/A $94,560 $17,500 $64.2 4 Financial services 17 Joanne T. Campbell, EVP of risk management Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $577,440 $198,473 N/A $135,695 $18,623 $126.6 4 Financial services 18 Timothy Nightingale, EVP & senior loan officer Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $503,164 $224,654 N/A $178,697 $19,813 $126.6 4 Financial services 19 F. Stephen Ward, EVP & principal financial officer The First Bancorp Inc. 223 Main St., Damariscotta 04543 563-3195, www.thefirstbancorp.com $454,769 $247,000 N/A $37,050 $15,125 $63.0 4 Financial services 20 June Parent, EVP of retail banking Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $449,847 $200,334 N/A $163,545 $16,768 $126.6 4 Financial services 1 Total annual compensation includes salary, bonus, stock and option awards, non-equity incentive plan compensation and change in pension value and nonqualified deferred compensation earnings, where applicable. 2 Does not include option awards. 3 All other annual compensation includes items such as relocation expenses, car allowances, life insurance, matched 401(k) plans and other retirement plans. 4 Represents a sum of interest and non-interest income. N/A: Not applicable. According to the U.S. Securities & Exchange Commission, public companies must report compensation paid to their CEO and four other highest-paid officers. Generally, companies are not required to report salaries of employees earning less than $100,000 per year. Some executives may no longer be in the same position or at the company. This list was compiled by Stephanie R. Meagher and published in the August 8, 2016 issue of Mainebiz. SOURCE: U.S. Securities & Exchange Commission company proxy statements (14A); each company's financial statements Maine's highest-paid public company executives Ranked by total annual compensation, 2015 Total annual compensation 1 Salary Bonus Stock awards 2 All other annual compensation 3 Organization's revenue (in millions) Industry 1 Jonathan Ayers, president & CEO IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $4,767,705 $800,000 N/A N/A $20,784 $1,601.9 Biotechnology 2 Melissa Smith, CEO WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $2,853,989 $578,317 N/A $1,331,217 $48,315 $854.6 Payment solutions 3 Michael Williams, EVP IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $2,359,357 $434,215 N/A $187,555 $885,164 $1,601.9 Biotechnology 4 Brian McKeon, EVP, CFO & treasurer IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $1,904,195 $516,923 N/A $250,074 $17,468 $1,601.9 Biotechnology 5 Jay Mazelsky, EVP IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $1,497,372 $434,215 N/A $187,555 $23,179 $1,601.9 Biotechnology 6 Gregory Dufour, president & CEO Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $1,316,695 $453,846 N/A $421,135 $23,707 $126.6 4 Financial services 7 Jacqueline L. Studer, VP, general counsel & secretary IDEXX Laboratories Inc. 1 IDEXX Drive, Westbrook 04092 556-0300, www.idexx.com $1,261,537 $361,846 N/A $137,445 $142,661 $1,601.9 Biotechnology 8 George Hogan, SVP of international WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $880,824 $318,308 $50,000 $280,021 $21,344 $854.6 Payment solutions 9 Richard Wayne, president & CEO Northeast Bancorp 500 Canal St., Lewiston 04240 786-3245, www.northeastbank.com $874,608 $500,000 N/A $362,400 $12,208 $51.7 4 Financial services 10 Hilary Rapkin, SVP & general counsel WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $855,477 $362,884 N/A $259,997 $23,903 $854.6 Payment solutions 11 Curtis Simard, president & CEO of Bankshares and Bar Harbor Bank & Trust Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314, www.bhbt.com $828,631 $438,000 N/A $164,256 $22,600 $64.2 4 Financial services 12 Kenneth W. Janosick, SVP & general manager of global fleet direct WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $807,152 $320,000 N/A $280,021 $13,984 $854.6 Payment solutions 13 Steven Elder, SVP & CFO WEX Inc. 225 Gorham Road, South Portland 04106 773-8171, www.wexinc.com $725,721 $347,885 N/A $159,983 $26,343 $854.6 Payment solutions 14 Deborah Jordan, EVP, CFO & COO Camden National Corp. 2 Elm St., Camden 04843 236-8821, www.camdennational.com $689,473 $279,423 N/A $264,714 $20,050 $126.6 4 Financial services Maine's highest-paid public company executives ยป C O N T I N U E D F R O M P A G E 1 6