RENEE W. KELLY - Corporate Board Profile

First Bancorp, Inc /ME/

Filing Date	Source Excerpt
2016-03-11	Renee W. Kelly (46) was nominated by the Nominating Committee to serve as Director of the Company and the Bank in January 2016. ... Until the ownership guideline is achieved, 75% of Ms. Kelly's directors fees will be paid in Company stock.
2017-03-10	Renee W. Kelly (46) was nominated by the Nominating Committee to serve as Director of the Company and the Bank in January 2016. ... Fees paid by the Bank to its Directors as a group totaled $275,223 in 2016 ... Renee W. Kelly 30,000
2018-03-14	Renee W. Kelly (48) has served as a Director of the Company and the Bank since January 2016. ... The Board concluded that Ms. Kelly is well suited to serve as a director of the Company because of her varied experience in economic development. ... Audit Committee. The members of the Company’s Audit Committee for 2017 were Mark N. Rosborough - Chairman, Robert B. Gregory, Renee W. Kelly and David B. Soule, Jr. ... Fees paid by the Bank to its Directors as a group totaled $273,650 in 2017. ... Renee W. Kelly: Fees Earned or Paid in Cash: $34,275.
2019-03-08	Renee W. Kelly (49) has served as a Director of the Company and the Bank since January 2016. ... The members of the Company’s Audit Committee for 2018 were Renee W. Kelly - Chair, Katherine M. Boyd and Robert B. Gregory. ... Fees paid by the Bank to its Directors as a group totaled $254,750 in 2018, ... The following table of Director Compensation details compensation paid to Directors in 2018. Renee W. Kelly: $35,850.
2020-03-06	Renee W. Kelly (50) has served as a Director of the Company and the Bank since January 2016. ... The members of the Company’s Audit Committee for 2019 were Renee W. Kelly - Chair, and Katherine M. Boyd. ... The members of the Company’s Governance Committee for 2019 were Cornelius J. Russell - Chair, Katherine M. Boyd, Renee W. Kelly, Mark N. Rosborough and Bruce B. Tindal. ... The members of the Company’s Compensation Committee for 2019 were Bruce B. Tindal - Chair, Katherine M. Boyd, Renee W. Kelly and Mark N. Rosborough. ... Fees paid by the Bank to its Directors as a group totaled $266,600 in 2019, ... Renee W. Kelly received $40,500 in fees.
2021-03-05	Renee W. Kelly (51) has served as a Director of the Company and the Bank since January 2016. Ms. Kelly served as Director of Economic Development Initiatives for the University of Maine from 1997 until July 2016 when she was promoted to Assistant Vice President for Innovation and Economic Development. In addition, she leads the University’s entrepreneurship and innovation support activities as well as its efforts in the Innovation Engineering Institute. She was a founding member of the leadership team for the Blackstone Accelerates Growth initiative in Maine (now Maine Accelerates Growth) and led the creation of the Innovate for Maine Fellows program. Prior to joining the University, she developed training products for Manpower of Connecticut, worked for a financial services start-up company and served as an aide to then U.S. Senator Olympia J. Snowe. She currently serves on the boards of several economicdevelopment and service organizations, including the Ellsworth Business Development Corporation. In addition, she is an alternate board member for UpStart Maine.
2022-03-11	RENEE W. KELLY Independent Director of the Company and the Bank since January 2016 AGE 52 COMMITTEES Audit Ms. Kelly served as Director of Economic Development Initiatives for the University of Maine from 1997 until July 2016 when she was promoted to Assistant Vice President for Innovation and Economic Development. In addition, she leads the University’s entrepreneurship and innovation support activities as well as its efforts in the Innovation Engineering Institute. She was a founding member of the leadership team for the Blackstone Accelerates Growth initiative in Maine (now Maine Accelerates Growth) and led the creation of the Innovate for Maine Fellows program. Prior to joining the University, she developed training products for Manpower of Connecticut, worked for a financial services start-up company and served as an aide to then U.S. Senator Olympia J. Snowe. She currently serves on the boards of several economic development and service organizations, including the Ellsworth Business Development Corporation. In addition, she is an alternate board member for UpStart Maine. The Board concluded that Ms. Kelly is well suited to serve as a director of the Company because of her varied experience in economic development. Fees paid by the Bank to its Directors as a group totaled $268,775 in 2021, but no fees are paid to Directors of the Company in their capacities as such. Of the $268,775 paid to the outside Directors, 50% of this amount was reinvested in the Company through the Employee Stock Purchase Plan. CEO McKim, who is the only Director who is also an employee of the Company, receives no additional compensation for serving on the Board of Directors of the Company or the Bank. The following table of Director Compensation details compensation paid to Directors in 2021. Name Fees Earned or Paid in Cash(1)($) Renee W. Kelly 43,200
2023-03-10	Renee W. Kelly Associate Vice President for Innovation & Economic Development, University of Maine AGE 53 Independent Director of the Company and the Bank since January 2016 Fees paid by the Bank to its Directors as a group totaled $290,400 in 2022, but no fees are paid to Directors of the Company in their capacities as such. Of the $290,400 paid to the outside Directors, 64% of this amount was reinvested in the Company through the Employee Stock Purchase Plan. The following table of Director Compensation details compensation paid to Directors in 2022. Renee W. Kelly Fees Earned or Paid in Cash: $38,600 Stock Awards: 250 shares The Chair of the Board received an annual fee of $44,000. Each of the outside Directors of the Bank, with the exception of the Chair of the Board, received a Director’s fee in the amount of $1,000 for each meeting attended, and $700 for each meeting attended of a committee of which the Director is a member. In addition to meeting fees paid for meetings attended, Director Kelly as Chair of the Audit Committee until April 2022 received a stipend of $3,000. Each of the outside Directors also received a monthly retainer of $1,300, with the exception of the Chair of the Board.
2024-03-08	Renee W. Kelly Associate Vice President for Innovation & Economic Development, University of Maine 54 2016 Committees: Governance. Fees Earned or Paid in Cash: 34,900. Stock Awards: 250 shares.
2025-03-07	Renee W. Kelly Associate Vice President for Innovation & Economic Development, University of Maine Age: 55 Independent Director of the Company and the Bank since January 2016. Committees: Nominating & Governance. Fees Earned or Paid in Cash: $36,100.