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February 6, 2023

Katahdin Bankshares adds two members to the board

Katahdin Bankshares Corp., the parent company of Katahdin Trust Co., has appointed Benjamin Carlisle of Bangor and Julie Libby, a Presque Isle native, to its board of directors, effective Jan. 25.

Katahdin Trust
Ben Carlisle

Carlisle is the president of Prentiss & Carlisle, a fourth-generation forest resource and timberland management firm headquartered in Bangor that serves landowners in the northeastern United States and Canada. He has served as president for 11 years and oversees all operations for the firm, including corporate strategy, client management, transaction negotiation, and technology. 

Before joining Prentiss & Carlisle, he spent 13 years in the Boston area in the finance, technology and analytics consulting fields. He serves on the board of directors for Maine Forest Products Council, Forest Society of Maine, North Maine Woods, Inc., and the Maine Forest & Logging Museum. Carlisle is also a trustee of the Mount Hope Cemetery and Bangor Fuel Society.

Libby is retired from the asset management industry after a career spent in New York City. Her most recent roles were senior vice president, head of marketing operations and program management at OppenheimerFunds Inc., and president and CEO of OppenheimerFunds Private Investments LLC. 

Katahdin Trust
Julie Libby

Libby serves on the board for Ignite Presque Isle as vice chair and the Portage Lake Association as secretary.

“Their diverse experience in the financial services industry and their business leadership skills will greatly benefit the bank as we continue to move our company forward,” said Katahdin Bankshares Board Chairman Steven L. Richardson.

Katahdin Bankshares Corp. was founded in 1918. Katahdin Trust is a community bank based in Houlton, with 16 locations and $983.5 million in assets. Katahdin Trust was ranked No. 15 among the largest Maine-based banks in the 2023 Mainebiz Book of Lists, based on total assets as of June 20, 2022. 

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