First Foundation Inc. Announces Senior Management Transition
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Tuesday, November 8, 2022
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First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that David DePillo, who has served as President of First Foundation Inc. and First Foundation Bank since 2015, will step down effective immediately.
Key Points:
- First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that David DePillo, who has served as President of First Foundation Inc. and First Foundation Bank since 2015, will step down effective immediately.
- Chief Financial Officer, Kevin Thompson, has been named Interim President of First Foundation Inc. and First Foundation Bank while the bank conducts a comprehensive search for a permanent replacement for this role.
- The entire executive management team appreciates the service David has given to First Foundation over the last seven years, said Scott F. Kavanaugh.
- First Foundation Inc. (NASDAQ: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services.