leadership
confidence high
sentiment neutral
materiality 0.55
First Foundation appoints Stuart Bernstein as Chief Banking Officer
First Foundation Inc.
- Bernstein will oversee consumer services, business banking, and private client strategy at First Foundation Bank.
- Annual base salary of $450,000; eligible for annual bonus up to 100% of base, half cash half stock.
- Bernstein previously led Santander's branch and private client network with $40B in deposits and $15B in client assets.
- He has over 25 years of banking leadership experience including roles at MUFG Union Bank, Wells Fargo, and Bank of America.
- Appointment effective August 11, 2025; standard indemnification agreement to be entered.
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