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Press Release

First Foundation Announces Expansion of David DePillo's Role to President of First Foundation Inc.

IRVINE, Calif.--(BUSINESS WIRE)-- First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today David DePillo has been appointed President of First Foundation Inc.

DePillo assumes this newly created leadership role for First Foundation Inc., joining John Michel, CFO, and Scott F. Kavanaugh, CEO, as part of the executive team at First Foundation Inc. DePillo will maintain his role as President of First Foundation Bank.

“David’s vision, insight, and leadership have helped strengthen First Foundation’s position as a trusted provider of banking and private wealth management services,” said Scott F. Kavanaugh, CEO of First Foundation. “With his contributions, not just to the bank, but the company overall, this was a natural expansion of David’s role at First Foundation.”

DePillo joined First Foundation in 2015 with over 30 years of banking and financial services experience.

About First Foundation

First Foundation, (NASDAQ: FFWM), a financial institution founded in 1990, provides private wealth management, personal banking, and business banking. The Company has offices in California, Nevada, and Hawaii with headquarters in Irvine, California. For more information, please visit www.firstfoundationinc.com.

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Deposit and loan products offered by First Foundation Bank, Member FDIC and Equal Housing Lender.

Investment and Advisory Services provided by First Foundation Advisors, an SEC-Registered Investment Advisor. Trust Services and Insurance Services are offered through First Foundation Bank. First Foundation Insurance Services license number #0H38553.

Investment, Insurance, and Advisory Products and Services:

  • ARE NOT FDIC INSURED
  • ARE NOT BANK GUARANTEED
  • MAY LOSE VALUE
  • ARE NOT A DEPOSIT
  • ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY