Christopher Naghibi compensation by year
First Foundation Summary Compensation Table · all 3 fiscal years held| Component | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Salary | $390,455 | $420,000 | $433,750 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $62,000 | $44,000 | $270,000 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $356,545 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $37,000 | $40,000 | $41,000 |
| Total | $846,000 | $504,000 | $744,750 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Foundation Inc. DEF 14A filed April 17, 2025, accession 0001104659-25-036041, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 36,242 | $225,100 | — |
| RSU | 1,394 | $8,657 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in First Foundation Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments First Foundation discloses, by trigger · FY2024| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $450,000 | $0 | $39,779 | $489,779 |
| Disability | $0 | $0 | $0 | $0 |
| Voluntary resignation | $0 | $0 | $0 | $0 |
| Death | $200,000 | $0 | $0 | $200,000 |
| Change in control and involuntary termination | $900,000 | $233,800 | $79,600 | $1,393,400 |
Per the Potential Payments Upon Termination or Change in Control table in First Foundation Inc.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.
First Foundation’s named executive officers, FY2024
as the company reported each| Named executive officer | Role | FY2024 total |
|---|---|---|
| Thomas Shafer | Chief Executive Officer of FFI and FFB | $4,013,755 |
| Scott Kavanaugh | Former Chief Executive Officer of FFI and FFB and Former President and Chairman of FFB | $1,259,812 |
| John Hakopian | President of FFA | $1,079,000 |
| Ulrich Keller | Former Executive Chairman of FFI and FFA | $885,449 |
| Christopher Naghibi · this page | Executive Vice President and Chief Operating Officer of FFB | $744,750 |
| James Britton | Executive Vice President and Chief Financial Officer of FFI and FFB | $650,000 |
| Simone Lagomarsino | President of FFI and FFB | $483,843 |
The full First Foundation compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are First Foundation's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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