Investor Relations

Board of Directors

Robert Glauber

Robert Glauber is a Lecturer at Harvard's Kennedy School of Government and was a Visiting Professor at Harvard Law School in 2007 and 2009. Previously, he served as Chairman and Chief Executive Officer of NASD (now FINRA), the private-sector regulator of the U.S. securities markets, from September 2001 to September 2006, after becoming NASD's Chief Executive Officer in November 2000.

Prior to becoming an officer at NASD, he was a Lecturer at the Kennedy School from 1992 until 2000, Under Secretary of the Treasury for Finance from 1989 to 1992 and previously to that, was a Professor of Finance at the Harvard Business School. Mr. Glauber served as Executive Director of the Task Force ("Brady Commission") appointed by President Reagan to report on the 1987 stock market crash.

He has served on the boards of the Federal Reserve Bank of Boston, a number of Dreyfus mutual funds, the Investment Company Institute and as president of the Boston Economic Club. Mr. Glauber presently is a director of Moody's Corporation, Chairman of XL Group plc, and Vice Chairman of the Trustees who oversee the International Accounting Standards Board. He has been a Senior Advisor at Peter J. Solomon Co., an investment bank, since November 2006. Mr. Glauber graduated from Harvard College and received his doctorate from Harvard Business School.

Member of the Loan and Investment Committee
Recent Stock Transactions by Robert Glauber
Date Type Shares Traded Price Range
May 16, 2012 Buy 43,750 8.00
Dec 29, 2010 Statement of Ownership 0 n/a
Dec 29, 2010 Buy 15,963 13.93
Matthew Botein

Matthew B. Botein has been a director of Northeast Bancorp since December 29, 2010. He is also global chief investment officer and co-head of BlackRock Alternative Investors (BAI) and serves as a member of the Global Operating Committee of BlackRock Inc. BAI includes BlackRock's hedge funds and opportunistic funds, funds of hedge funds, private equity, private equity funds of funds, real estate, and real assets. Prior to joining BlackRock in 2009, Mr. Botein was a Managing Director and member of the Management Committee at Highfields Capital Management, a Boston-based private investment partnership. At Highfields, he was responsible for a portfolio of financial services investments, as well as certain other private equity holdings. Previously, he was a member of the private equity departments at The Blackstone Group and Lazard Frères & Co. LLC.

He is a director of PennyMac Financial Services (NYSE: PFSI) and Alliance Partners LLC. He previously served on the boards of PennyMac Mortgage Investment Trust (NYSE: PMT), Aspen Insurance Holdings Limited (NYSE: AHL), First American Corporation (NYSE: FAF) and CoreLogic Inc. (NYSE: CLGX). He also serves on the Board of Trustees of Beth Israel Deaconess Medical Center, the CareGroup/CJP Board of Managers and the Exceptional Care Without Exception Trust of Boston Medical Center.

Mr. Botein has an AB, magna cum laude, from Harvard College and an MBA with High Distinction from Harvard Business School, where he was a Baker Scholar and a Loeb Scholar.

Member of the Loan and Investment Committee
Member of the Risk Committee
Recent Stock Transactions by Matthew Botein
Date Type Shares Traded Price Range
May 15, 2012 Acquisition (Non Open Market) 62,500 8.00
Cheryl Dorsey

Cheryl Dorsey has been the president of Echoing Green since 2002, a leading global social venture fund that unleashes next generation talent to solve the world's biggest problems.

Ms. Dorsey served as a White House Fellow from 1997 to 1998, serving as Special Assistant to the U.S. Secretary of Labor, advising the Clinton Administration on health care and other issues. She was later named Special Assistant to the Director of the Women's Bureau of the U.S. Labor Department, where she helped develop family-friendly workplace policies and spearheaded the labor secretary's pay equity initiative.

She was most recently appointed Vice-Chair of the President's Commission on White House Fellowships, after serving as a team member of the Innovation and Civil Society subgroup of the Obama Presidential Transition's Technology, Innovation, and Government Reform Policy Working Group. She was named one of "America's Best Leaders" in 2009 by U.S. News & World Report and the Center for Public Leadership at the John F. Kennedy School of Government at Harvard University. For 2010 and 2011, she was named as one of The Nonprofit Times' "Power and Influence Top 50."

Ms. Dorsey serves on the boards of Northeast Bank, Harvard Board of Overseers and the SEED Foundation.

She holds a B.A. in History and Science from Harvard-Radcliffe Colleges, an M.D. from the Harvard Medical School and an M.P.P. from the John F. Kennedy School of Government.

Recent Stock Transactions by Cheryl Dorsey
Date Type Shares Traded Price Range
Dec 29, 2010 Statement of Ownership 0 n/a
John Orestis

John C. Orestis has been a director of Northeast and the Bank since 2007. Mr. Orestis has been the owner, Treasurer and Chief Development Officer of Schooner Estates Retirement Community in Auburn, Maine since 2006 as well as the President and Chief Executive Officer of North Country Associates in Lewiston, Maine since 1981. Mr. Orestis received his Juris Doctorate from American University and was a senior Partner at Skelton, Taintor, Abbott & Orestis, Attorneys from 1968 to 1987, specializing in business and tax law.

Mr. Orestis has served on many government and civic organizations throughout Maine, including the Maine Healthcare Organization and the Maine Economic Growth Council. Mr.Orestis was the former mayor of the city of Lewiston and is widely recognized by many of the Bank's customers as having a particular interest in senior citizens by virtue of his substantial investment in senior care.

Member of the Loan and Investment Committee
Chair of the Risk Committee
Recent Stock Transactions by John Orestis
Date Type Shares Traded Price Range
Nov 24, 2014 Buy 10,000 9.14
Apr 29, 2014 Buy 5,700 9.57
Aug 2, 2013 Buy 10,000 10.00
May 16, 2012 Buy 18,750 8.00
Dec 29, 2010 Disposition (Non Open Market) 15,550 13.93
Dec 29, 2010 Acquisition (Non Open Market) 15,550 13.93
David Tanner

David Tanner is Managing Director of Arlon Group LLC. and has served as Executive Vice President, Investments, and has been a member of the Management Committee of Continental Grain Company since 2006.

Mr. Tanner has served on the Board of Directors of numerous public and private companies and currently serves on the Boards of Excelline Food Products, LLC, Carlile Bancshares, Inc., and Northeast Bancorp.

Previously, Mr. Tanner served as a Founder and Managing Principal of Quadrangle Group, LLC from 2000-2006; Managing Director at Lazard Freres & Co. and Managing Principal at Lazard Capital Partners from 1998-2000; and Managing Director at Warburg Pincus LLC, with which he was associated from 1986-1997.

Currently, Mr. Tanner is the Chairman of the Board of Trustees of Montefiore Medical Center, Trustee of the New York University School of Law, Overseer of the Albert Einstein College of Medicine, Trustee of the Citizens Budget Commission, Member of the Executive Committee of the Princeton University Capital Campaign and Director of Lawyers for Children. Mr. Tanner received his Bachelor of Arts degree with honors in History from Princeton University, his Diploma of Economics from the London School of Economics, and his Juris Doctor from the New York University School of Law.

Member of the Loan and Investment Committee
Member of the Risk Committee
Recent Stock Transactions by David Tanner
Date Type Shares Traded Price Range
Dec 29, 2010 Statement of Ownership 0 n/a
Judith E. Wallingford

Judith E. Wallingford is a past Chairman of the board of Northeast and the Bank and has been a director since 1994. Ms. Wallingford, a certified management accountant, also is President of The Maine Water Company, a water utility serving various communities in Maine. Ms. Wallingford joined the board as a result of Northeast's acquisition of Brunswick Federal Savings, F.A., as she was a member of that board and made an outstanding choice for the Northeast board as a result of her knowledge of accounting and general business acumen.

Member of the Risk Committee
Recent Stock Transactions by Judith E. Wallingford
Date Type Shares Traded Price Range
Aug 12, 2013 Buy 5,000 10.57
May 16, 2012 Buy 12,500 8.00
Jun 28, 2011 Option Execute 1,000 13.10
Dec 29, 2010 Disposition (Non Open Market) 6,500 13.93
Dec 29, 2010 Acquisition (Non Open Market) 6,500 13.93
Richard Wayne

Richard Wayne is responsible for all of the company's business divisions including the Northeast Community Banking Division, ableBanking, and the Loan Acquisition and Servicing Group. Prior to joining Northeast, Mr. Wayne co-founded Capital Crossing Bank, in Boston, Massachusetts, where he served as its President and Co-Chief Executive Officer from 1991 until its sale in February 2007. Capital Crossing Bank was a national leader in the acquisition and management of commercial loans, purchasing over $2 billion of loans.

He holds a J.D. from Suffolk University Law School, a LL.M. in Taxation from Boston University School of Law and a B.S. in Accounting from Syracuse University.

Chair of the Loan and Investment Committee
Recent Stock Transactions by Richard Wayne
Date Type Shares Traded Price Range
Aug 25, 2016 Acquisition (Non Open Market) 15,000 n/a
May 18, 2015 Buy 720 10.00
May 15, 2015 Buy 10,000 9.84
May 14, 2015 Buy 5,774 9.71
May 13, 2015 Buy 2,300 9.73
May 12, 2015 Buy 1,000 9.58
Dec 19, 2014 Acquisition (Non Open Market) 40,000 n/a
Aug 18, 2014 Buy 7,711 9.60
Aug 15, 2014 Buy 906 9.49
Aug 14, 2014 Buy 4,001 9.48
Aug 13, 2014 Buy 11,352 9.49
Aug 12, 2014 Buy 800 9.14 - 9.23
Aug 8, 2014 Buy 230 9.25
Jan 31, 2013 Acquisition (Non Open Market) 7,916 n/a
May 16, 2012 Buy 125,000 8.00
Dec 29, 2010 Statement of Ownership 0 n/a
Dec 29, 2010 Buy 107,681 13.93

Stock transaction information provided by EDGAR Online. Northeast Bancorp makes no representation or warranty with respect to any of the information contained herein, takes no responsibility for supplementing, updating or correcting any such information and shall have no liability with respect to any such information. This listing does not include derivatives, such as stock option grants or shares purchased through an employee stock purchase plan. For recent transactions, including derivative transactions, see our Section 16 SEC filings page.