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First Foundation Hires Opus CFO

Irvine-based First Foundation Inc. (Nasdaq: FFWM) named Kevin Thompson as chief financial officer, a post he previously held at rival Opus Bank.

Thompson replaces John Michel, who left in March to become CFO of Seattle-based HomeStreet Inc. (Nasdaq: HMST), the parent of HomeStreet Bank. Thompson will lead the financial operations teams, which support both First Foundation Bank and First Foundation Advisors.

“Kevin will be instrumental in our next stage of growth and development,” First Foundation Chief Executive Scott F. Kavanaugh said in a statement.

Opus Bank on June 1 was acquired by another Irvine bank, Pacific Premier Bancorp (Nasdaq: PPBI) in a deal worth $744 million.

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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