First Foundation CFO Kevin Thompson

First Foundation CFO Kevin Thompson

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.

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“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.