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First Foundation ( (FFWM) ) has shared an announcement.
First Foundation Inc. and its subsidiary, First Foundation Bank, have finalized employment agreements with their top executives, Thomas C. Shafer and Simone Lagomarsino. Mr. Shafer was appointed CEO on November 21, 2024, and will earn an annual base salary of $1,090,000 with additional incentives, while Ms. Lagomarsino, appointed as President in 2024, will receive $800,000 annually. Both agreements include provisions for termination without cause and participation in executive benefit programs.
More about First Foundation
YTD Price Performance: -15.37%
Average Trading Volume: 484,843
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $421.7M
See more data about FFWM stock on TipRanks’ Stock Analysis page.
