These statements are often, but not always, made through the use of words or phrases such as “anticipates,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimates,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. Statements in this press release that are not historical facts are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. ![]() Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California Portland, Oregon Boston, Massachusetts Palm Beach, Florida Greenwich, Connecticut New York, New York and Jackson, Wyoming. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. “I’m honored to be appointed Co-CEO and look forward to continuing to build on the Company’s long-term success, alongside Jim and our entire leadership team.”įounded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. “First Republic’s historical success is predicated upon our culture of taking care of each client and colleague, one at a time,” said Hafize Gaye Erkan. “Her considerable financial services expertise has had a valuable and successful impact on the further development of our client-centric business model.” “Gaye has been a significant contributor to our performance as a company for seven years, and I look forward to the continuation of our successful partnership,” said Jim Herbert. “In extending and enhancing their collaboration, the Board believes Jim and Gaye’s partnership is a strong combination that will continue to build on First Republic’s differentiated business model and exceptional service, delivering strong organic growth and shareholder return,” said Lead Outside Director Reynold Levy. ![]() ![]() Erkan will continue to serve as President and a director on the Board. The Board has also entered into a contract with Hafize Gaye Erkan as Co-CEO, sharing Chief Executive responsibilities with and reporting to Mr. 12, 2021- First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that its Board of Directors has extended the contract of its Founder, Chairman and CEO Jim Herbert through December 31, 2022, following which he will serve as Executive Chairman. Enters Into Contract With Hafize Gaye Erkan as Co-CEO
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |