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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
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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