FIRST FOUNDATION INC. (NASDAQ:FFWM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;Compensatory Arrangements of Certain Officers.
On February 27, 2018, the Board of Directors of First Foundation Inc. (the “Company”) appointed Martha N. Corbett, CPA to serve as a director of the Company, effective immediately.Ms. Corbett was also appointed to serve as a member of the Board of Directors of the Company’s wholly-owned subsidiary, First Foundation Bank (the “Bank”).In addition, Ms. Corbett was appointed to serve as a member of Audit Committee and Compensation Committee. Ms. Corbett’s initial term will expire on the date of the Company’s 2018 Annual Meeting of Stockholders.
Ms. Corbett was not appointed to serve as a director to any arrangement or understanding with any person, and is not a participant in any related party transaction required to be reported under Item 404(a) of Regulation S-K.
In connection with Ms. Corbett’s appointment to the Board of Directors, Ms. Corbett will receive the standard compensation received by non-employee directors, which compensation was last described in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on July 26, 2017, and is incorporated herein by reference.The Company will also enter into its standard form of indemnification agreement with Ms. Corbett.
First Foundation Inc. ExhibitEX-99.1 2 ffwm-ex991_6.htm EX-99.1 – 180301 PRESS RELEASE MARTHA CORBETT ffwm-ex991_6.htm Exhibit 99.1 Embargoed Until 6:00 AM PT,…To view the full exhibit click here
About FIRST FOUNDATION INC. (NASDAQ:FFWM)
First Foundation Inc. is a financial services holding company. The Company provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. The Company conducts its operations through its subsidiaries First Foundation Advisors (FFA) and First Foundation Bank (FFB), and First Foundation Insurance Services (FFIS), a subsidiary of FFB. The Company’s segments include Banking; Investment Management, Wealth Planning and Consulting (Wealth Management), and Other. The Banking segment includes the operations of FFB and FFIS, and Wealth Management segment includes the operations of FFA. Its integrated platform provides investment management, wealth planning, consulting, trust, banking products and services, life insurance services and property and casualty insurance services to meet the financial needs of its clients.
