TOPSHAM — Bar Harbor Bankshares, the parent company of Bar Harbor Bank & Trust with a location in Topsham, recently announced that Joseph Murphy, president and CEO since 2002, has advised the board of directors of his intention to retire in June 2013.
The board has established a succession committee to evaluate both internal and external candidates for Murphy’s replacement. The board has engaged the services of Kaplan Associates, Inc. of Philadelphia as a partner in this process.
Murphy also serves as a member of the board and has expressed his desire and willingness to continue in that role following his planned retirement.
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