PRESQUE ISLE, Maine — The annual meeting of Maine Mutual Group was held on April 12, 2017, at the company’s corporate headquarters in Presque Isle.
Larry M. Shaw, president and chief executive officer, announced the results of a vote by policyholders present and by proxy. Donald W. Perkins Jr. of Cape Elizabeth and Jon J. Prescott of Houlton were elected to new three-year terms as directors.
Michael M. Young, CPA, CFE, senior vice president and chief financial officer, reported the financial results of 2016 to the policyholders present.
At a board session following the annual meeting, Michael D. MacPherson of Presque Isle was elected chairman of the board. MacPherson has served on the MMG Board of Directors for 20 years. MacPherson, the previous vice chairman, replaces John H. Cashwell of Bangor, whose term as chairman expired.
Cashwell served in that capacity for six years; he has served as a director for 20 years and will continue to serve on the board.
Samuel W. Collins of Caribou was elected as vice chairman of the board. Collins has served on the MMG board for 16 years.
Other members of the board of directors are: Harold A. Dakin, Londonderry, N.H.; Jean M. Deighan, Bangor; Maine State Senator Dawn Hill Esq., Cape Neddick; Jay Y. McCrum, Mars Hill; and Lisa M. Ventriss, South Burlington, Vt.
