First Foundation Names Thomas C. Shafer CEO

MT Newswires Live
22 Nov 2024

First Foundation (FFWM) said Friday it named Thomas C. Shafer as chief executive officer.

Shafer succeeds Scott F. Kavanaugh, who is retiring after serving as chief executive since 2009.

Shafer will also serve as chief executive of the company's First Foundation Bank subsidiary and has joined the boards of both First Foundation and First Foundation Bank.

Shafer previously served as co-president of commercial banking and senior executive vice president of Huntington Bancshares. Prior to the merger, he served as chief executive of TCF National Bank.

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