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The latest update is out from First Foundation ( (FFWM) ).
Simone Lagomarsino has been appointed as the President of First Foundation Inc., succeeding Scott F. Kavanaugh, who remains CEO. Lagomarsino, with a robust background in finance, including executive roles at several banks and recognition as Community Banker of the Year, brings a wealth of experience to the role. Alongside her appointment, the company saw a reshuffle with the resignation of four directors and the addition of Lagomarsino and three other new directors, all of whom bring diverse expertise from real estate, investment, and banking sectors to the board. This strategic move aims to bolster First Foundation’s leadership as it continues to navigate the financial landscape.
For a thorough assessment of FFWM stock, go to TipRanks’ Stock Analysis page.