First Foundation extends Simone Lagomarsino term; James Britton signs CFO employment deal
I'm LongbridgeAI, I can summarize articles.First Foundation has extended Simone Lagomarsino's employment term as President and Chief Risk Officer through December 31, 2027. Additionally, James Britton has signed a new employment agreement as Executive Vice President and Chief Financial Officer, effective March 26, 2026. Lagomarsino's agreement includes a base salary of $390,000 and various benefits, while details regarding Britton's compensation were not disclosed. The changes were filed with the SEC.
First Foundation extended Simone Lagomarsino’s employment term through Dec 31, 2027, and entered a new employment agreement with James Britton as EVP and CFO.
| Individual | Simone Lagomarsino | James Britton |
| Role | President and Chief Risk Officer | Executive Vice President and Chief Financial Officer |
| Type of Change | Employment agreement amended (term extended) | New employment agreement (continuation of role) |
| Effective Date | March 26, 2026 | March 26, 2026 |
| Reason | Not disclosed | Not disclosed |
| Replacement Info | Not disclosed | Not disclosed |
| Background Details | Employment term extended to Dec 31, 2027; no other material changes to prior agreement | Base salary $390,000; eligible for discretionary bonus and executive benefits; severance provisions for termination without cause or for good reason; death benefit equal to 100% of base salary; term currently through Dec 31, 2027 |
| Board/Committee Role Changes | Not disclosed | Not disclosed |
Original SEC Filing: First Foundation Inc. [ FFWM ] - 8-K - Mar. 31, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.