First Foundation Inc. Appoints New Directors, One Departs
Ticker: FFWM · Form: 8-K · Filed: 2025-06-27T00:00:00.000Z
Sentiment: neutral
Topics: board-of-directors, management-change
Related Tickers: FFWM
TL;DR
FFWM board shakeup: Scott Cameron out, McNeilly & De Jong in. New blood incoming.
AI Summary
On June 23, 2025, First Foundation Inc. reported a change in its board of directors, with the departure of Director Scott A. Cameron. The company also announced the election of two new directors, Michael J. McNeilly and David L. De Jong, to its Board of Directors, effective immediately. These changes are detailed in their Form 8-K filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and does not involve significant financial transactions or operational disruptions.
Key Players & Entities
- First Foundation Inc. (company) — Registrant
- Scott A. Cameron (person) — Departing Director
- Michael J. McNeilly (person) — Newly Elected Director
- David L. De Jong (person) — Newly Elected Director
- June 23, 2025 (date) — Effective date of board changes
FAQ
Who has departed from the Board of Directors of First Foundation Inc.?
Scott A. Cameron has departed from the Board of Directors of First Foundation Inc.
Who are the newly elected directors at First Foundation Inc.?
Michael J. McNeilly and David L. De Jong have been elected as new directors.
When were the board changes effective?
The changes were effective as of June 23, 2025.
What is the exact name of the company filing this report?
The exact name of the company is First Foundation Inc.
What type of filing is this report?
This report is a Form 8-K, a Current Report.
From the Filing
0001104659-25-063654.txt : 20250627 0001104659-25-063654.hdr.sgml : 20250627 20250627163104 ACCESSION NUMBER: 0001104659-25-063654 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250623 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250627 DATE AS OF CHANGE: 20250627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: First Foundation Inc. CENTRAL INDEX KEY: 0001413837 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance EIN: 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: 251086873 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 tm2518826d1_8k.htm FORM 8-K false 0001413837 0001413837 2025-06-23 2025-06-23 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): June 23, 2025     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)   5221 North O’Connor Boulevard , Suite 1375     Irving , Texas   75039 (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.   On June 23, 2025, Christopher Naghibi informed First Foundation Inc. (the “Company”) of his resignation, to be effective July 8, 2025. Mr. Naghibi is currently the Executive Vice President and Chief Operating Officer of First Found