CEO, FIRST FOUNDATION
WHY: Well-known OC banker; founding stockholder of Commercial Capital Bancorp. At bank upon 2007 founding, took over as CEO in 2009; University of Tennessee grad; North Texas State MBA.
RECENT: Issued about 600 PPP loans, totaling $171M; 98% going to clients. Maintains rosy outlook on OC real estate market calling it “red hot.”
QUOTABLE: “We were able to beat on every metric. We do better when interest rates are really low,” Kavanaugh said of the second quarter.
