Susie Cranston Named Chief Operating Officer of First Republic Bank
04 Août 2022 - 2:00PM
Business Wire
First Republic Bank (NYSE:FRC), a leading private bank and
wealth management company, today announced that Susie Cranston,
Senior Executive Vice President of First Republic Private Wealth
Management, has been named Executive Vice President and Chief
Operating Officer of First Republic Bank effective September 1,
2022.
Cranston joined First Republic in 2013 as a member of its
Private Wealth Management executive team, helping to grow assets
under management from just over $40 billion to nearly $250 billion.
Most recently, she was responsible for overseeing its Wealth
Managers and Client Services functions. In addition, Cranston has
led platform advancement, strategic planning and the evolution of
First Republic’s broader wealth management services.
Prior to joining First Republic, Cranston spent 12 years at
McKinsey & Company where she consulted on strategy, risk
management and transformational change for financial services
companies. Cranston is a board member of the Commonwealth Club, and
she has authored several published articles and a book on women and
leadership, How Remarkable Women Lead. Cranston received an MBA
from Stanford Graduate School of Business and a Bachelor of Science
degree in Industrial Engineering from Stanford University.
"We are delighted to appoint Susie to Chief Operating Officer,”
said CEO and President Mike Roffler. “Susie is an outstanding
leader who exemplifies our collaborative, team-based approach. She
has been a key contributor to our growth with a proven track record
of creating scalable solutions. Susie is well positioned to help
continue to drive our client service success in her new role at
First Republic.”
"It is an honor to be named Chief Operating Officer of First
Republic," said Cranston. "I look forward to focusing on
operational excellence across the organization, in support of our
continued exceptional client service delivery and long-term,
consistent, sustainable growth.”
About First Republic Bank
Founded in 1985, First Republic and its subsidiaries offer
private banking, private business banking and private wealth
management. First Republic specializes in delivering exceptional,
relationship-based service and provides a complete line of
products, including residential, commercial and personal loans,
deposit services, and private wealth management, including
investment, brokerage, insurance, trust and foreign exchange
services. 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; Jackson, Wyoming; and
Bellevue, Washington. First Republic is a constituent of the
S&P 500 Index and KBW Nasdaq Bank Index. For more information,
visit firstrepublic.com.
FRC-G
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version on businesswire.com: https://www.businesswire.com/news/home/20220804005237/en/
Investors: Andrew Greenebaum / Lasse Glassen Addo Investor
Relations agreenebaum@addo.com lglassen@addo.com (310) 829-5400
Media: Greg Berardi Blue Marlin Partners
gberardi@firstrepublic.com (415) 239-7826
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