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First Republic Bank (FRC.N)

FRC.N on New York Stock Exchange

104.62USD
2 Jul 2020
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Summary

Name Age Since Current Position

James Herbert

75 1985 Chairman of the Board, Chief Executive Officer

Hafize Gaye Erkan

40 2019 President, Director

Katherine August-deWilde

72 2016 Vice Chairman of the Board

Michael Roffler

49 2015 Executive Vice President and Chief Financial Officer

Kelly Johnston

2016 President - First Republic Trust Company

David Tateosian

President - First Republic Securities Company

Jason Bender

50 2015 Chief Operating Officer, Executive Vice President

Mollie Richardson

41 2016 Executive Vice President, Chief Administrative Officer and Chief People Officer

Jim Hughes

2017 Executive Vice President, Chief Information Officer

Stephanie Bontemps

60 2015 Executive Vice President, Chief Risk Officer

Edward Dobranski

69 Executive Vice President, General Counsel, Secretary

Justin Gibson

Executive Vice President, Chief Audit Executive

David Lichtman

56 2018 Senior Executive Vice President, Chief Credit Officer

Michael Selfridge

52 2015 Senior Executive Vice President and Chief Banking Officer

Robert Thornton

62 2016 Executive Vice President, President - Private Wealth Management

Bill Ward

2014 Executive Vice President, Chief BSA/AML and Security Officer

Olga Tsokova

46 Senior Vice President, Chief Accounting Officer

Shannon Houston

2018 Senior Vice President, Chief Marketing and Communications Officer

Reynold Levy

74 2016 Lead Outside Independent Director

Frank Fahrenkopf

80 1985 Independent Director

Boris Groysberg

48 2015 Independent Director

Sandra Hernandez

62 2010 Independent Director

Pamela Joyner

61 2004 Independent Director

Duncan Niederauer

60 2015 Independent Director

George Parker

81 2003 Independent Director

Biographies

Name Description

James Herbert

Mr. James H. Herbert II serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Herbert currently serves as the Federal Reserve’s Twelfth District member of the Federal Advisory Council. He is a trustee of Babson College and San Francisco Ballet Association (formerly Chair). He is also a director of Lincoln Center for the Performing Arts, New York, and The BASIC Fund.

Hafize Gaye Erkan

Dr. Hafize Gaye Erkan serves as President, Director of the Company. Prior to First Republic, Ms. Erkan held the position of Managing Director and Head of Financial Institutions Group Strategies at Goldman Sachs, where she worked for nearly a decade, advising boards and executive management of large U.S. banks and insurance companies.

Katherine August-deWilde

Ms. Katherine August-deWilde serves as Vice Chairman of the Board of the Company. Previously, Ms. August-deWilde was Senior Vice President and Chief Financial Officer at PMI Group. She serves on the public company boards of TriNet Group, Inc., Eventbrite, Inc., and Sunrun, Inc. She also serves on the private company board of Equilar, Inc. She is a member of the Advisory Council of the Stanford Center on Longevity and a member of the Stanford University Graduate School of Business Advisory Council.

Michael Roffler

Mr. Michael J. Roffler serves as Executive Vice President and Chief Financial Officer of the Company. Mr. Roffler joined First Republic in 2009 as Deputy Chief Financial Officer and was appointed Executive Vice President and Chief Financial Officer in 2015. Prior to joining the Bank, Mr. Roffler worked for KPMG LLP for 16 years as a Certified Public Accountant, five of which were as an audit partner. He serves on the Board of Directors of the American Heart Association, Greater Bay Area. B.S., 1993, Marquette University; Stanford Graduate School of Business Executive Program, 2013.

Kelly Johnston

Ms. Kelly Johnston serves as President - First Republic Trust Company of the Company. Ms. Johnston has more than 20 years of experience, most recently with Mechanics Bank Wealth Management, in managing multigenerational family wealth and administering complex trust and estates and agency relationships. As part of her role, she specializes in collaborating with estate planning attorneys and certified public accountants to develop and implement innovative and tax-efficient strategies. Active in the San Francisco Estate Planning Community, she is a current board member of the San Francisco Estate Planning Council and is past president and board member of the East Bay Estate Planning Council. Kelly is board member and treasurer of the SEP Foundation. Ms. Johnston holds the professional designations of Certified Trust and Financial Advisor and Certified Wealth Strategist. She earned her Bachelor of Arts in Business Administration from Saint Mary's College in Moraga, California. She earned her MBA from Texas A&M University and is a graduate of the Executive Program at the Stanford Graduate School of Business.

David Tateosian

Mr. David Tateosian serves as President - First Republic Securities Company of the Company. Mr. Tateosian is President of First Republic Securities Company on the Private Wealth Management Executive Team and his leadership responsibilities also include First Republic’s Foreign Exchange and Insurance business lines. Prior to joining First Republic Securities Company in 2003, Mr. Tateosian held management positions at two brokerage firms Boston-based Fidelity Investments and Bay Area Preferred Trade, Inc. Mr. Tateosian provides industry service as a FINRA Arbitrator. He served on the San Francisco SPCA Board of Directors from 2006 through 2015 and presently sits on its investment committee. Mr. Tateosian holds a Bachelor of Science degree from the University of Vermont and is a graduate of the General Management Program at Harvard Business School.

Jason Bender

Mr. Jason C. Bender serves as Chief Operating Officer, Executive Vice President of the Company. Mr. Bender has been with First Republic since 1999, and managed the Bank’s finance department for over a decade before being appointed Chief Administrative Officer in 2013. He was appointed Chief Operating Officer in 2016 and is responsible for the Bank’s overall operations and technology, as well as strategic planning and secondary loan marketing. He also oversees banking activities in the Orange County and San Diego regions.

Mollie Richardson

Ms. Mollie M. Richardson serves as Executive Vice President, Chief Administrative Officer and Chief People Officer of the Company. Ms. Richardson joined First Republic in 2003 and was appointed Chief Administrative Officer and Chief People Officer in 2016. Ms. Richardson oversees human resources, facilities and administrative services, and various bank-wide initiatives. Ms. Richardson previously served as Deputy Chief Administrative Officer and Head of Board and Investor Relations at First Republic. She is Co-Chair of the Network for Teaching Entrepreneurship, Bay Area and serves on the board of the YMCA of San Francisco. B.A., 2001, Sonoma State University; Harvard Business School Advanced Management Program, 2013.

Jim Hughes

Mr. Jim Hughes serves as Executive Vice President, Chief Information Officer of the Company. Mr. Hughes joined First Republic in 2017 and is responsible for Information Technology. Mr. Hughes has 20 years of experience as Chief Information Officer at a number of institutions including EverBank, Freddie Mac and National City (now PNC). B.S., University of Maryland; M.A, University of Lancaster (U.K.).

Stephanie Bontemps

Ms. Stephanie Bontemps is Executive Vice President and Chief Risk Officer of the Company. Ms. Bontemps, who was appointed our Chief Risk Officer in 2015, is responsible for building and maintaining a robust enterprise risk management framework that supports the strategic goals of the Bank and builds upon its longstanding conservative risk culture and client service focused business model. At First Republic, she previously served as an Executive Loan Committee Member and Director of Credit Administration. Prior to joining First Republic in 2008, Ms. Bontemps worked for Citibank in corporate and investment banking in New York and San Francisco where she held leadership positions in both relationship management and credit risk management. B.A., 1982, University of California, Los Angeles; M.B.A., 1987, Anderson School at University of California, Los Angeles.

Edward Dobranski

Mr. Edward J. Dobranski serves as Executive Vice President, General Counsel, Secretary of the Company. Mr. Dobranski joined First Republic in 1992 as General Counsel. Previously, he practiced banking, real estate and corporate law in positions with the federal government, as Corporate Counsel, and in private practice. B.A., 1972, Coe College; J.D., 1975, Creighton University

Justin Gibson

Mr. Justin Gibson is Executive Vice President, Chief Audit Executive of the Company. Mr. Gibson joined First Republic in 2012. As Chief Audit Executive, he leads a collaborative cross-functional audit department designed to meet the requirements of the banking industry’s complex regulatory environment. Mr. Gibson is on the Board of Governors at the San Francisco Institute of Internal Audit, a member of the Board of Directors at Big Brothers Big Sisters of the Bay Area and a Board member at the Partnership for Children and Youth. Mr. Gibson is a Certified Public Accountant. B.A., 1997, University of California, Los Angeles; Harvard Business School General Management Program, 2014.

David Lichtman

Mr. David B. Lichtman serves as Senior Executive Vice President, Chief Credit Officer of the Company. Mr. Lichtman has been with First Republic since 1986, and has held positions in various phases of lending operations at the Bank. Mr. Lichtman was appointed Chief Credit Officer in 1995. In the role of Chief Credit Officer, he is responsible for promoting the Bank’s credit culture, focused on safe and disciplined lending standards and practices. B.A., 1985, Vassar College; M.B.A., 1990, University of California, Berkeley.

Michael Selfridge

Mr. Michael D. Selfridge serves as Senior Executive Vice President and Chief Banking Officer of the Company. Mr. Selfridge joined First Republic in 2012. He has served as Deputy Chief Operating Officer, Chief Risk Officer and Chief Operating Officer, and was appointed Chief Banking Officer in 2016. He oversees Business Banking, Eagle Lending, and banking in Northern California, Los Angeles, Portland and Jackson, Wyoming regions. Prior to First Republic, he was with Silicon Valley Bank for 18 years, most recently serving as Head of U.S. Regional Banking. B.S., 1989, California Polytechnic State University, San Luis Obispo; M.B.A., 1995, University of San Francisco; Harvard Business School Advanced Management Program, 2013.

Robert Thornton

Mr. Robert L. T(Bob ) Thornton is Executive Vice President, President - Private Wealth Management of the Company. Mr. Thornton joined First Republic in 2004 and currently serves as President of First Republic Investment Management and President of First Republic Private Wealth Management. He became Executive Vice President of First Republic Bank in 2015 and oversees banking activities for the Palm Beach region. Prior to joining First Republic, Mr. Thornton held senior roles at Goldman Sachs, Credit Suisse and Deutsche Bank over a 20-year period. B.A., 1980, Duke University; J.D., 1983, Columbia Law School; Stanford Graduate School of Business Executive Program, 2014.

Bill Ward

Mr. Bill Ward serves as Executive Vice President, Chief BSA/AML and Security Officer of the Company. Mr. Ward joined First Republic in 2014 as Executive Vice President – Chief BSA/AML and Security Officer. He has over 30 years combined experience in law enforcement, corporate security, investigations, fraud prevention and Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) compliance, Economic Sanctions and Foreign Corruption. Prior to joining First Republic, Mr. Ward was the Executive Vice President, BSA/AML and Security Officer at Union Bank overseeing the Financial Crimes Risk Management program. B.A., (year?), University of Massachusetts; Harvard Business School Advanced Management Program, (year?); Northwestern University’s School of Police Staff and Command.

Olga Tsokova

Ms. Olga Tsokova serves as Senior Vice President, Chief Accounting Officer of the Company. Ms. Tsokova joined First Republic in 2015 as Senior Vice President, Chief Accounting Officer. Prior to First Republic, Ms. Tsokova was the Senior Vice President, Chief Accounting Officer at City National Bank, where she worked for 10 years. Prior to that, Ms. Tsokova was with Ernst & Young for over 10 years, where she primarily focused on the audits of clients in the financial services industry. B.S., 1995, Moscow Finance Academy (Russia); Harvard Business School General Management Program, 2016; Certified Public Accountant.

Shannon Houston

Ms. Shannon Houston serves as Senior Vice President, Chief Marketing and Communications Officer of the Company. Ms. Houston joined First Republic in 2010 and was appointed Chief Marketing and Communications Officer on January 1, 2018. She is responsible for all marketing, branding and communications for the Bank and its wealth management entities. Ms. Houston previously served as Director of Investor Relations for First Republic. B.S., 2001, Oklahoma City University; M.A., 2010, Columbia University; Harvard Business School General Management Program, 2016.

Reynold Levy

Dr. Reynold Levy serves as Lead Outside Independent Director of the Company. Previously, Mr. Levy served as President of the Robin Hood Foundation, and was President of the International Rescue Committee and an executive at AT&T. He is a fellow of the American Academy of Arts and Sciences, a member of the Council on Foreign Relations and a trustee of the Charles H. Revson Foundation and the American Ballet Theatre.

Frank Fahrenkopf

Mr. Frank J. Fahrenkopf Jr. serves as Independent Director of the Company. is Independent Director of First Republic Bank. From 1983 to 1989, Mr. Fahrenkopf was Chairman of the Republican National Committee. He is a director of eleven funds within the Gabelli Funds, LLC fund complex. He is also a director of Eldorado Resorts, Inc. and a member of the private company board of BMM International.

Boris Groysberg

Mr. Boris Groysberg is Independent Director of the Company. Mr. Groysberg is the author of Chasing Stars: The Myth of Talent and the Portability of Performance, and co- author of Talk, Inc.: How Trusted Leaders Use Conversation to Power their Organizations and Wall Street Research: Past, Present, and Future. He has published more than 100 articles, notes and case studies on how firms develop and utilize their talent, and has won numerous awards for his research on managing human capital.

Sandra Hernandez

Dr. Sandra R. Hernandez M.D. serves as Independent Director of the Company. Dr. Hernández is a gubernatorial appointee to the Board of Covered California, the California health insurance marketplace. Prior to joining California Health Care Foundation, Dr. Hernández was CEO of The San Francisco Foundation, which she led for 16 years. Dr. Hernández previously served as director of public health for the City and County of San Francisco and co-chaired San Francisco’s Universal Healthcare Council.

Pamela Joyner

Ms. Pamela J. Joyner serves as Independent Director of the Company. Ms. Joyner is a Trustee Emeritus of Dartmouth College, Chair of the Tate Americas Foundation, and a trustee of the Art Institute of Chicago and J. Paul Getty Trust. She was previously Co-Chair of the San Francisco Ballet Association.

Duncan Niederauer

Mr. Duncan L. Niederauer is Independent Director of the Company. Mr. Niederauer is a director of Realogy Holdings Corp. and Geox SpA, and sits on several additional boards, including The American Ireland Fund and Team Rubicon. He and his wife Alison led the Newmark School’s “Destination of Promise” campaign to build a school for children with autism and related disabilities.

George Parker

Dr. George G. C. Parker Ph.D. serves as Independent Director of the Company. Mr. Parker serves on the board of directors of Colony Capital, Inc. and formerly served on the board of directors of Continental Airlines, Tejon Ranch Company, and Threshold Pharmaceuticals, Inc.