Members

Barbara Raths, Director of Treasury Management and Government Banking at Camden National Bank, leads the bank’s corporate, nonprofit and government treasury management business development efforts and delivers innovative treasury management solutions to the bank’s clients. The Treasury Management team manages and grows relationships with clients operating in a complex payment environment and creates customized deposit, working capital, risk management and operations strategies. Barbara and her team advise clients on cash management, deposits, payments, liquidity, fraud prevention, foreign exchange (FX) and trade finance.

Prior to joining Camden National Bank, Barbara served as SVP, Government Banking at People’s United Bank where she managed and grew a portfolio of government clients in Maine and New Hampshire and was responsible for deposits, collateral and loans and coordinated treasury, credit card, merchant, escrow and wealth management services.

Barbara has middle-market corporate treasury experience. From 2013-2016, she worked as the Team Lead for Treasury at WEX Inc., a high growth publically-traded multinational payments company with over $1 B in annual revenue. At WEX, Barbara led a treasury team in a complex, rapidly expanding global payment environment, executed a balance sheet FX hedging program in response to market volatility, helped to manage a multi-currency credit facility, and oversaw debt covenant compliance.
Prior to working at WEX Inc., Barbara served as the Deputy Treasurer for the State of Maine for 8 years, where she oversaw cash and debt management. She also represented the State Treasurer on authority and retirement system boards and received the 2007 Maine State Manager of the Year Award for her outstanding leadership in public finance.

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 brings nearly two decades of experience in business strategy and operations from leadership roles in both the public and private sectors.
He is currently the chief operating officer at Gorham Savings Bank. In his roles, he has led technical and financial teams focused on executing strategic priorities.

Dimitri currently serves as a trustee of the Portland Museum of Art and Bigelow Laboratory for Ocean Sciences.
He received a bachelor’s degree from Colby College and a Master’s of Business Administration from the University of Maryland.

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.