Bringing you live news and features since 2006 

Handshake with globe

Mike Roffler named CFO of First Republic Bank

RELATED TOPICS​

Private bank and wealth management company First Republic Bank has appointed Mike Roffler, Deputy Chief Financial Officer for the past five years, as Executive Vice President, Chief Financial Officer effective 1 January 2015.

Roffler succeeds Willis Newton, who has served as CFO of First Republic for the past 26 years.

Newton joined First Republic in 1988 as Chief Financial Officer and played a key role in the Bank's growth. In 2011, Newton was named CFO of The Year by The San Francisco Business Times. Newton was instrumental in First Republic's divestiture in 2010 from Bank of America, including its $1.8 billion capital raise, second IPO and secondary common stock offerings.

"It has been a great privilege and true pleasure to work with Willis for the past 26 years," says Chairman and CEO Jim Herbert. "Willis is a consummate professional whose expertise and judgment have helped First Republic become one of the nation's most successful financial services companies. We are pleased Willis will remain engaged with First Republic as a consultant, while having time to enjoy a well-deserved retirement."

Roffler joined First Republic in 2009 and has had direct responsibility for accounting, tax, and both financial and regulatory reporting. He was closely involved in First Republic's divestiture from Bank of America and its second IPO in December 2010. He led multiple preferred and common stock offerings, and a senior debt offering. Prior to joining First Republic, Roffler worked for 16 years in the audit practice at KPMG and became a Partner in 2004. At KPMG, he served numerous financial services organizations and worked as a licensed CPA. Roffler has a Bachelor of Science degree in accounting from Marquette University and more recently completed the Stanford Executive Program.

"Mike Roffler is an exceptional leader whose extensive experience in the capital markets, balance sheet management and investor relations has helped drive First Republic's success over the past five years," Herbert says. "Mike fully understands First Republic's business model and has become a key part of our culture."

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by