First Foundation Inc. Announces Board Changes and New CFO
Ticker: FFWM · Form: 8-K · Filed: 2025-10-21T00:00:00.000Z
Sentiment: neutral
Topics: leadership-change, board-of-directors, cfo-appointment
TL;DR
Board shakeup at First Foundation: DePillo out, Anderson takes Chairman role, DiMaria is new CFO.
AI Summary
On October 20, 2025, First Foundation Inc. filed an 8-K report detailing the departure of Director David DePillo and the appointment of new directors, including J. Scott Anderson and David L. Nelson. The filing also announced the election of J. Scott Anderson as Chairman of the Board and the appointment of Paul D. DiMaria as Chief Financial Officer.
Why It Matters
This filing indicates significant leadership transitions within First Foundation Inc., which could impact the company's strategic direction and financial management.
Risk Assessment
Risk Level: medium — Changes in key leadership positions like directors and CFO can introduce uncertainty and signal potential strategic shifts, warranting closer monitoring.
Key Players & Entities
- First Foundation Inc. (company) — Registrant
- David DePillo (person) — Departing Director
- J. Scott Anderson (person) — Appointed Director and Chairman of the Board
- David L. Nelson (person) — Appointed Director
- Paul D. DiMaria (person) — Appointed Chief Financial Officer
- October 20, 2025 (date) — Date of earliest event reported
FAQ
Who has departed from the Board of Directors of First Foundation Inc.?
David DePillo has departed from the Board of Directors.
Who has been appointed as the new Chairman of the Board?
J. Scott Anderson has been appointed as the new Chairman of the Board.
Who has been appointed as the new Chief Financial Officer?
Paul D. DiMaria has been appointed as the new Chief Financial Officer.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 20, 2025.
What other individuals were appointed to the Board of Directors?
J. Scott Anderson and David L. Nelson were appointed to the Board of Directors.
From the Filing
0001104659-25-101261.txt : 20251021 0001104659-25-101261.hdr.sgml : 20251021 20251021163040 ACCESSION NUMBER: 0001104659-25-101261 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20251020 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20251021 DATE AS OF CHANGE: 20251021 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: 251407429 BUSINESS ADDRESS: STREET 1: 5221 N. O'CONNOR BLVD. STREET 2: SUITE 1378 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 949-222-2030 MAIL ADDRESS: STREET 1: 5221 N. O'CONNOR BLVD. STREET 2: SUITE 1378 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: KELLER FINANCIAL GROUP DATE OF NAME CHANGE: 20071001 8-K 1 tm2529011d1_8k.htm FORM 8-K false 0001413837 0001413837 2025-10-20 2025-10-20 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): October 20, 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.   Appointment of Parham Medhat as Chief Operations Officer   On October 20, 2025, First Foundation Bank, a California state chartered bank (the “