The Bank Slate


First Republic’s Herbert returning from medical leave

First Republic Bank in San Francisco expects its founder to return from medical leave next month. 

The $173 billion-asset bank disclosed in a regulatory filing the co-CEO Jim Herbert will be back on April 4. He has also been reappointed to the board. 

The leave of absence began on Jan. 1 and was expected to last six months. 

First Republic also announced in January that it had begun a search for a new CEO after co-CEO Hafize Gaye abruptly stepped down. Mike Roffler, the bank’s president, has been serving as interim co-CEO.

Leave a Reply

Your email address will not be published. Required fields are marked *