Thomas Shafer is Chief Executive Officer of FFI and FFB of First Foundation Inc. (FFWM). The company reported total compensation of $4,013,755 for fiscal year 2024.
| Salary | $132,755 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,880,000 |
| Option awards | $0 |
| Non-equity incentive plan | $0 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $1,000 |
| Total | $4,013,755 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure First Foundation Inc. filed April 17, 2025, accession 0001104659-25-036041.
| Peer-group chief executive median | $3,272,074 |
|---|---|
| Difference from that median | $741,681 |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group First Foundation Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Thomas Shafer this page | 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 | 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 company's named executive officers for fiscal year 2024, and what it reported for each. See the full First Foundation Inc. compensation brief.
Thomas Shafer's compensation sits inside First Foundation Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.