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First Foundation (NYSE:FFWM) filed a Form 8-K (Item 5.02) disclosing that Christopher Naghibi, Executive Vice President & Chief Operating Officer of First Foundation Bank, notified the company on June 23 2025 of his resignation, effective July 8 2025.
The filing provides no reason for the departure, no severance details and no information on a successor, leaving a key operational post vacant at the wholly-owned bank subsidiary.
- Resignation affects bank-level COO role, a critical position for day-to-day operations and strategic execution.
- Chief Financial Officer James Britton signed the report on June 27 2025.