Members

Barbara Raths, Executive Vice President, Commercial Banking, joined the company in 2019 and became Executive Vice President of commercial banking in 2024. Ms. Raths most recently served as Senior Vice President, Director of Treasury Management and Government Banking, where she led business, nonprofit and government treasury management business development efforts, supported by her extensive experience in cash management, risk management, and foreign exchange (FX) and trade finance. Prior to joining Camden National Bank, Ms. Raths held government banking roles at People’s United Bank, and worked in corporate treasury finance at WEX, Inc., and served as the Deputy State Treasurer for the State of Maine. Ms. Raths is actively involved in the community. She chairs the Board of Trustees for the Maine Health and Higher Educational Facilities Authority, serves as the Secretary of the Board of Directors for the Maine International Trade Center, and is a member of the Maine District Export Council.

Barbara received an M.B.A. from the University of Southern Maine, has a B.A. with Highest Honors from Bates College. At Bates, she was President of the debate team and competed in National and World Debate Championships. Barbara currently serves as Chair of the Board of the Maine Health and Higher Educational Facilities Authority and Board Secretary for the Maine International Trade Center. She has previously served on the Board of Trustees of Bates College and the Board of Trustees of Breakwater School. She lives in Cape Elizabeth, Maine with her husband, Joseph Boucher and their 3 children.

Kenneth Stafford, CPA is CEO of StaffordAdvisors, providing investment, tax, accounting, and advisory services to dental practices in New England. He holds a master’s degree in taxation from the University of Hartford and series 24 and 7 securities licenses, representing LPL Financial.

Colleen completed her Bachelor of Science in Nursing at the University of Southern Maine. She has a Certificate of Graduate Studies in Health Policy and Management from the Muskie Institute. Colleen is a graduate of the 2008 class of Health Leadership Development, a partnership between the Daniel Hanley Center for Health Leadership and the Institute for Civic Leadership.

Colleen has served in administrative capacities for the past twenty-five years. She has been a passionate advocate for home health and hospice serving on the Home Care Alliance of Maine Board of Directors in several capacities, most recently as the President. She is a member of the Organization of Maine Nurse Executives as well as serving on several Professional Advisory roles in health care.

She has served as the Chair of the Cumberland District Public Health Council, advocating for public health throughout Maine.

Colleen is also actively involved in her local community. She served on the Westbrook School Committee for ten years. She was a 2007 recipient of the Department of Education Commissioner’s Recognition award for her work in Truancy, Dropout and Alternative Education. She was also elected as the Mayor of Westbrook in 2009 as the first female to hold that office in the city’s history. She served three terms through 2016.

Dimitri Michaud, Chief Operating Officer of Gorham Savings Bank, brings nearly 20 years of expertise in business strategy and operations from leadership positions in both the public and private sectors. Throughout his career, Dimitri has led technical and financial teams to achieve key strategic goals. He also serves on several civic and non-profit boards. Dimitri holds a Bachelor’s degree from Colby College and an MBA from the University of Maryland.

Lori Dwyer is president and CEO of Penobscot Community Health Care, the largest federally qualified health center in Maine. A lawyer, Dwyer has been devoted to public and community service throughout her career. She holds an M.A. summa cum laude from the University of Alabama and a B.A. cum laude from Duke University.  Early in her career, she taught English in both Luxembourg and Venezuela before attending the University of Maine School of Law, where she graduated second in her class. Dwyer practiced labor and employment law with Bernstein Shur in Portland, Maine for seven years and was recognized by the Maine Bar Foundation for her pro bono service.  An avid outdoorswoman and athlete, Dwyer lives in Bangor with her family.

Peter Merrill retired in 2022 from the Maine State Housing Authority where he served as Deputy Director. He has been with MaineHousing since 1995 and served on MaineHousing’s Board of Commissioners in the late ‘80s.

Prior to joining MaineHousing, he worked for the Maine Oil Dealers Association, Merrill Industries, the National Association of Housing Co-operatives, and The George Washington University Medical Center. Peter has served on a number of civic, charitable, and professional boards. He currently serves on the Board of the Maine Historical Society and as Chair of the Maine State Cultural Affairs Council.

Peter has a BA from The George Washington University and an MBA from Southern New Hampshire University. He is the father of two adult children. He and his wife Leslie live in Portland.

Tracy Elliott, Vice President of Finance and Controller for the University of Maine System, has been with the organization for 30 years and currently leads its finance, investment, accounting and payroll functions. A Certified Public Accountant and a Certified Internal Auditor, Tracy started her career in public accounting and led the University’s internal audit function. Other boards that she currently serves on include Maine’s Advisory Committee on Education Savings and Seaboard Federal Credit Union.

Tracy is a graduate of the University of Maine with a Bachelor of Science in Business Administration, with concentration in Accounting, and a Master in Business Administration, Finance Track. She resides in Bangor, Maine with her husband and they have three adult children.

Henry Beck has served as State Treasurer since 2019. He previously represented his neighborhood on the Waterville City Council and then began service in the Legislature during his senior year at Colby College. In the Legislature Beck authored nearly one dozen bipartisan bills that became law on issues from pharmacy audits to infant heart screening to Maine’s overdose medicine act. Beck was appointed House Chair of Joint Standing Committee on Insurance and Financial Services and to serve on the 2011 Commission to Apportion Maine’s Congressional Districts.

Beck attended and graduated from the University of Maine on time while completing his time in the Legislature. As an attorney in private practice, Beck represented Mainers and businesses involved in complex business disputes, serious criminal charges, insurance matters, and tax litigation.

As Treasurer, Beck has focused on prudent cash management, launched Maine’s ABLE program to help Mainers with disabilities save for quality of life improvements, and has led development of the Maine Retirement Savings Program which will help private sector workers build and plan retirement funds.

Lloyd P. LaFountain III was first appointed to the position in 2005 and subsequently reappointed to the position in 2010, 2015, and 2021.

Pursuant to Maine statutory law, the Superintendent of the Maine Bureau of Financial Institutions is an ex officio member of both the Maine Health and Higher Educational Facilities Authority and of the Maine Municipal Bond Bank.

Prior to his appointment as Superintendent, he practiced law in York County for 17 years. In addition, he represented a portion of Biddeford in the Maine House of Representatives from 1994-1996 and represented Arundel, Biddeford, Kennebunk, and Kennebunkport in the Maine State Senate from 1996-2004. While in the Maine Legislature, he served as Senate Chair of the Joint Standing Committee on Banking & Insurance for 8 years.

Superintendent LaFountain received a B.A. from the College of the Holy Cross and a J.D. from Suffolk University Law School. He presently resides in Manchester, Maine with his wife. They have three adult children.

Benjamin Mann serves as the Deputy Commissioner of Finance at the Department of Health and Human Services since August 2019. In this role, he oversees finance, management, and operations at the Department which has approximately 3,200 employees and an annual budget of $4.2 billion. Prior to serving in his current role, Ben spent over a decade in various management positions in the federal government, including the US Department of Housing and Urban Development, US Treasury Department, and the Consumer Financial Protection Bureau. Ben lives in Yarmouth with his wife and their three children.  

Dan Chuhta serves as Deputy Commissioner of the Maine Department of Education. In this position, he works with the Commissioner and Associate Commissioners to lead the Department of Education’s efforts to support the amazing teaching and learning happening across Maine. One of his favorite parts of the job is getting to visit schools across Maine so he can meet with students and educators and celebrate what is happening in our schools.

He has held several roles in education on his journey to becoming Deputy Commissioner. He was an Eighth Grade Science Teacher at Massabesic Jr. High School in Waterboro; STEM Curriculum Coordinator for Portland Public Schools; Assistant Superintendent of MSAD 75, which includes the towns of Bowdoin, Bowdoinham, Harpswell, and Topsham; and then he became Interim Superintendent of MSAD 75 before being appointed Deputy Commissioner in 2019.

Chuhta lives in Portland and has two kids. He loves being outside with his family and enjoying all of the natural beauty and resources that Maine offers. Some of his family’s favorite activities include downhill skiing, running, traveling to see family in many corners of the country, visiting Maine’s beautiful State Parks, and relaxing on the beach.