First Foundation Stockholders Elect the Company’s Ten Director Candidates at the 2023 Annual Meeting
27 Giugno 2023 - 10:30PM
Business Wire
First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the
“Company”), a financial services company with two wholly owned
operating subsidiaries, First Foundation Advisors (“FFA”) and First
Foundation Bank (“FFB”), today announced that, based on a
preliminary vote count provided by its proxy solicitors,
stockholders voted to elect, by a substantial margin, all ten of
the Company’s director candidates to the Board of Directors at the
2023 Annual Meeting of Stockholders (the “Annual Meeting”).
“We would like to thank all First Foundation stockholders for
their continued support and participation in our Annual Meeting
this year," said Scott F. Kavanaugh, President and CEO. "The
results of this meeting have demonstrated that investors believe in
our long-term strategy at a pivotal time for the Company and the
industry. We will continue to execute on our business strategy to
generate growth and create value for First Foundation
stockholders.”
The results of the vote announced today are considered
preliminary until final results have been tabulated and certified
by the independent Inspector of Elections. Final results will be
reported on a Form 8-K that will be filed with the U.S. Securities
and Exchange Commission (the “SEC”).
About First Foundation
First Foundation Inc. (NASDAQ: FFWM) and its subsidiaries offer
personal banking, business banking, and private wealth management
services, including investment, trust, insurance, and philanthropy
services. This comprehensive platform of financial services is
designed to help clients at any stage in their financial journey.
The broad range of financial products and services offered by First
Foundation are more consistent with those offered by larger
financial institutions, while its high level of personalized
service, accessibility, and responsiveness to clients is more
aligned with community banks and boutique wealth management firms.
This combination of an integrated platform of comprehensive
financial products and personalized service differentiates First
Foundation from many of its competitors and has contributed to the
growth of its client base and business. Learn more at
firstfoundationinc.com or connect with us on LinkedIn and
Twitter.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the “Safe-Harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including forward-looking
statements regarding our expectations and beliefs about our future
financial performance and financial condition, as well as trends in
our business and markets. Forward-looking statements often include
words such as "believe," "expect," "anticipate," "intend," "plan,"
"estimate," "project," "outlook," or words of similar meaning, or
future or conditional verbs such as "will," "would," "should,"
"could," or "may." The forward-looking statements in this press
release are based on current information and on assumptions that we
make about future events and circumstances that are subject to a
number of risks and uncertainties that are often difficult to
predict and beyond our control. As a result of those risks and
uncertainties, our actual financial results in the future could
differ, possibly materially, from those expressed in or implied by
the forward-looking statements contained in this press release and
could cause us to make changes to our future plans.
Additional information regarding these and other risks and
uncertainties to which our business and future financial
performance are subject is contained in our Annual Report on Form
10-K for the fiscal year ended December 31, 2022, as amended, our
Quarterly Report on Form 10-Q for the fiscal quarter ended March
31, 2023, and other documents we file with the SEC from time to
time. We urge readers of this press release to review those reports
and other documents we file with the SEC from time to time. Also,
our actual financial results in the future may differ from those
currently expected due to additional risks and uncertainties of
which we are not currently aware or which we do not currently view
as, but in the future may become, material to our business or
operating results. Due to these and other possible uncertainties
and risks, readers are cautioned not to place undue reliance on the
forward-looking statements contained in this press release, which
speak only as of today's date, or to make predictions based solely
on historical financial performance. We also disclaim any
obligation to update forward-looking statements contained in this
press release or in the above-referenced reports, whether as a
result of new information, future events or otherwise, except as
may be required by law or NASDAQ rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20230627424684/en/
Investor and Media Contact: Shannon Wherry Director of
Corporate Communications swherry@ff-inc.com (469) 638-9642
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