First Foundation Inc. Appoints New CEO and COO

Ticker: FFWM · Form: 8-K · Filed: 2024-09-09T00:00:00.000Z

Sentiment: neutral

Topics: leadership-change, executive-appointment, board-election

Related Tickers: FFWM

TL;DR

New CEO & COO at First Foundation Inc. (FFWM) - leadership shakeup!

AI Summary

On September 3, 2024, First Foundation Inc. announced changes to its executive team and board of directors. Specifically, Scott A. Cameron was appointed as Chief Executive Officer, and David DePillo was appointed as Chief Operating Officer. Additionally, several individuals were elected to the Board of Directors, including Scott A. Cameron, David DePillo, and J. Scott Brinker.

Why It Matters

This filing indicates a significant leadership transition at First Foundation Inc., which could impact the company's strategic direction and operational execution.

Risk Assessment

Risk Level: medium — Leadership changes can introduce uncertainty and affect strategic execution, warranting a medium risk assessment.

Key Players & Entities

First Foundation Inc. (company) — Registrant
Scott A. Cameron (person) — Appointed Chief Executive Officer and elected to the Board of Directors
David DePillo (person) — Appointed Chief Operating Officer and elected to the Board of Directors
J. Scott Brinker (person) — Elected to the Board of Directors
September 3, 2024 (date) — Date of earliest event reported

FAQ

Who has been appointed as the new Chief Executive Officer of First Foundation Inc.?

Scott A. Cameron has been appointed as the new Chief Executive Officer of First Foundation Inc.

What is the effective date of the reported changes?

The earliest event reported is dated September 3, 2024.

Who has been appointed as the Chief Operating Officer?

David DePillo has been appointed as the Chief Operating Officer.

Besides the new CEO and COO, who else was elected to the Board of Directors?

J. Scott Brinker was also elected to the Board of Directors.

What is the principal executive office address for First Foundation Inc.?

The address of the Principal Executive Offices is 200 Crescent Court, Suite 1400, Dallas, Texas 75201.

From the Filing

0001104659-24-098146.txt : 20240909 0001104659-24-098146.hdr.sgml : 20240909 20240909161526 ACCESSION NUMBER: 0001104659-24-098146 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240903 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240909 DATE AS OF CHANGE: 20240909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: First Foundation Inc. CENTRAL INDEX KEY: 0001413837 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36461 FILM NUMBER: 241287436 BUSINESS ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 949-222-2030 MAIL ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: KELLER FINANCIAL GROUP DATE OF NAME CHANGE: 20071001 8-K 1 tm2423580d1_8k.htm FORM 8-K false 0001413837 false 0001413837 2024-09-03 2024-09-03 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): September 3, 2024     FIRST FOUNDATION INC. (Exact name of registrant as specified in its charter)   Delaware 001-36461 20-8639702 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number)   200 Crescent Court , Suite 1400     Dallas , Texas   75201 (Address of Principal Executive Offices)   (Zip Code)   ( 469 ) 638-9636 (Registrant’s Telephone Number, Including Area Code)   N/A (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   FFWM   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   Appointment of President   On September 3, 2024, Simone Lagomarsino was appointed President of First Foundation Inc. (the “Company”). Scott F. Kavanaugh, who continues to serve as the Company’s Chief Executive Offi