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Stock impact report

First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C. Shafer as Successor

First Foundation Inc. (FFWM) 
Last first foundation inc. earnings: 4/22 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ff-inc.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the appointment of Thomas C. Shafer as its Chief Executive Officer. Mr. Shafer’s appointment follows the retirement of Scott F. Kavanaugh, who has served the Company as Chief Executive Officer since 2009 and as a member of the Board of Directors since 2007.Mr. Shafer will also serve as First Foundation Bank’s Chief Executive Officer and has joined the Boards of Directors of First Foundation Inc. and First Foundation Bank.“I am honored to be First Foundation’s next Chief Executive Officer and I thank the Board of Directors and Scott for the confidence they have shown in me to lead this great organization,” says Mr. Shafer.“We are excited to welcome Tom to First Foundation and look forward to his leadership in this new chapter,” says Max Briggs, First Foundation’s C Show less Read more
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