Bar Harbor Bankshares (the "Company") (NYSE Amex: BHB) the parent
company of Bar Harbor Bank & Trust (the "Bank"), announced the promotion
of three senior officers to the position of executive vice president:
Michael W. Bonsey, Gregory W. Dalton and Stephen M. Leackfeldt. In
making the announcement, the Company's President and Chief Executive
Officer, Joseph M. Murphy commented, "Over the past decade we have been
extremely pleased by the growth and financial performance of Bar Harbor
Bankshares and Bar Harbor Bank & Trust, especially during the very
difficult financial environment of the past four years. These promotions
recognize the leadership of these individuals and their cohesive efforts
in building the thoughtful, efficient and competitive business
initiatives that have enabled our organization to prosper."
Michael W. Bonsey, Executive Vice President and Chief Risk Officer, is
in charge of the Enterprise Risk Management Division comprising risk
management, compliance, information security and credit administration,
which includes the underwriting, documentation and managed assets
functions for both commercial and consumer lending. Mr. Bonsey holds a
BS in Accounting, with distinction, from the University of Maine at
Augusta and an MBA from the University of Southern Maine. After fourteen
years experience with community and regional banks in Massachusetts and
Maine, Mr. Bonsey joined the Company in 2000 and has served as Senior
Vice President of credit administration and a member of senior
management since December, 2001. Mr. Bonsey has served with numerous
professional and civic organizations. Most recently he served as
President of the Bar Harbor Rotary, President of the Maine chapter of
the Risk Management Association, and currently is the new Chairman of
the Board of Trustees of Mount Desert Island Hospital. Mr. Bonsey also
serves on the legislative committee of the Maine Bankers Association.
Mr. Bonsey and his wife, Diane, live in the Town Hill section of Bar
Harbor, Maine and have three daughters.
Gregory W. Dalton, Executive Vice President -Business Banking is in
charge of the Business Banking Division and is responsible for the
development and management of commercial banking relationships
statewide. Mr. Dalton holds a BS in Finance from the Marriott School of
Management at Brigham Young University. He is also a graduate, with
distinction, of the ABA Stonier Graduate School of Banking and had his
thesis accepted for publication. Mr.