First Foundation Elects New Directors Elizabeth Pagliarini and Diane Rubin

IRVINE, Calif.–(BUSINESS WIRE)–First Foundation Inc. (NASDAQ: FFWM), a financial services company with
two wholly-owned operating subsidiaries, First Foundation Advisors and
First Foundation Bank, announced today the newly elected members to its
Board of Directors, Elizabeth Pagliarini and Diane Rubin.

“We are pleased to welcome Elizabeth and Diane to the First Foundation
Board of Directors,” said Scott F. Kavanaugh, CEO of First Foundation.
“Their knowledge and experience, coupled with their diverse professional
backgrounds, will be an asset to our Board and Company. We are fortunate
to be able to attract directors who are such accomplished leaders in
their fields.”

Ms. Pagliarini brings over 25 years of experience in finance, corporate
governance, and executive management. She currently is the Chief
Financial Officer and Treasurer for Summit Healthcare REIT, Inc., a
publicly registered non-traded REIT that is focused on investing in
senior housing real estate located throughout the United States. She
previously served as a principal at The Elizabeth Group, a company she
founded to provide outsourced chief financial officer services for
registered investment advisers and broker-dealers. Prior to that, she
founded a boutique investment bank and registered broker-dealer, and
served as chief executive officer and chairwoman of a Nasdaq-listed
investment brokerage subsidiary. She is on the Emeritus Board of the
nonprofit Forever Footprints and is a member of the City of Mission
Viejo, California City Council Investment Advisory Commission.

Ms. Rubin brings over 40 years of expertise in the accounting industry.
She currently serves as the Vice Chair for the Board of Trustees for the
Financial Accounting Foundation. She is a retired Audit Partner and
Quality Control Partner at Novogradac & Company LLP, a national public
accounting firm offering audit, tax, valuation, and expert witness
services with an emphasis on affordable housing, community development,
and renewable energy. Prior to that, she owned a diversified auditing,
accounting, and tax practice. Her professional experience also includes
having served on the California Board of Accountancy and as a member of
the Auditing Standards Board.

About First Foundation

First Foundation, (NASDAQ: FFWM), a financial institution founded in
1990, provides private wealth management, personal banking, and business
banking. The Company has offices in California, Nevada, and Hawaii with
headquarters in Irvine, California. For more information, please visit


First Foundation Inc.
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