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.