First Foundation Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 21, 2025, Hugo Nuno, the Chief Banking Officer and Chief Risk Officer of First Foundation Bank (the “Bank”), the wholly-owned subsidiary of First Foundation Inc. (the “Company”), gave notice of his resignation, to be effective August 1, 2025. The Company and the Bank have appointed Simone Lagomarsino, who currently serves as President, to the additional role of Chief Risk Officer, effective July 25, 2025.
There are no arrangements or understandings between Ms. Lagomarsino and any other persons pursuant to which she was selected to her position with the Company. There are no family relationships between Ms. Lagomarsino and any director or executive officer of the Company. A trust affiliated with Ms. Lagomarsino invested $500,000 in the Company in a previously announced private placement transaction on July 8, 2024, on the same financial terms as the other investors, and is party to a registration rights agreement with the Company. Other than the foregoing, Ms. Lagomarsino does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Identification and business experience information for Ms. Lagomarsino is described in the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on April 17, 2025 (the “Proxy Statement”), and is incorporated herein by reference. Compensation and benefits for Ms. Lagomarsino did not change for her new role and is as described in the Proxy Statement, and such description is incorporated herein by reference. A copy of Ms. Lagomarsino’s employment agreement is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit No. | Description | |
| 10.1 | Employment Agreement, dated February 11, 2025, among First Foundation Inc., First Foundation Bank and Simone Lagomarsino (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K, filed on February 13, 2025). | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRST FOUNDATION INC. | ||
| Date: July 25, 2025 | By: | /s/ JAMES BRITTON |
| James Britton | ||
| Executive Vice President and Chief Financial Officer | ||
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