Executive Leadership

First Republic’s leadership team represents considerable depth and experience in the financial industry. Their guidance reflects extensive institutional knowledge and diverse perspectives.

James H. Herbert, II

75, Founder, Chairman and Chief Executive Officer

Mr. Herbert founded First Republic Bank in 1985. Previously, he was the founding Chief Executive Officer, President and a director of San Francisco Bancorp from 1980 to1985. He currently serves as the Federal Reserve’s Twelfth District member of... the Federal Advisory Council and holds board/trustee positions with Babson College; the San Francisco Ballet Association (formerly Chair and Co-Chair); Lincoln Center for the Performing Arts, New York; and The BASIC Fund. B.S., 1966, Babson College; M.B.A., 1969, New York University; over 20-year participant, Harvard Business School CEO Presidents’ Seminar.

Read more

Hafize Gaye Erkan

40, President and Board Member

Ms. Erkan joined First Republic in 2014 and became the President in 2017 and Board Member in 2019. Prior to First Republic, she 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. Ms. Erkan also serves on the board of directors of Tiffany & Co. B.Sc., 2001, Bogazici University (Turkey); Ph.D., 2006, Princeton University; Harvard Business School Advanced Management Program, 2015; Stanford Graduate School of Business Executive Program in Leadership, 2016.

Read more

Jason C. Bender

50, Executive Vice President and Chief Operating Officer

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 t...he 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. B.A., 1992, Swarthmore College; M.B.A., 1999, Stanford Graduate School of Business; Harvard Business School Advanced Management Program, 2014.

Read more

Robert L. Thornton

62, Executive Vice President and President, Private Wealth Management

Mr. Thornton joined First Republic in 2004 and currently serves as President of First Republic Investment Management and became Executive Vice President of First Republic Bank in 2015 and oversees banking activities for the Palm Beach region. Prio...r 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.

Read more

Michael D. Selfridge

52, Senior Executive Vice President and Chief Banking Officer

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 the 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.

Read more

Michael J. Roffler

49, Executive Vice President and Chief Financial Officer

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 Publ...ic 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.

Read more

David B. Lichtman

56, Senior Executive Vice President and Chief Credit Officer

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 pr...omoting 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.

Read more

Mollie M. Richardson

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

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. R...ichardson 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.

Read more

Boardof Directors

James H. Herbert, II

75, Founder, Chairman and Chief Executive Officer

Mr. Herbert founded First Republic Bank in 1985. Previously, he was the founding Chief Executive Officer, President and a director of San Francisco Bancorp from 1980 to1985. He currently serves as the Federal Reserve’s Twelfth District member of... the Federal Advisory Council and holds board/trustee positions with Babson College; the San Francisco Ballet Association (formerly Chair and Co-Chair); Lincoln Center for the Performing Arts, New York; and The BASIC Fund. B.S., 1966, Babson College; M.B.A., 1969, New York University; over 20-year participant, Harvard Business School CEO Presidents’ Seminar.

Read more

Katherine August-deWilde

72, Vice Chair and Board Member

Ms. August-deWilde was an executive at First Republic Bank from 1985 to 2015. She served as President from 2007 and as COO from 1996 to 2014. Previously, she was Senior Vice President and Chief Financial Officer at PMI Group. She serves on the pub...lic company boards of TriNet Group, Inc., Eventbrite, Inc., and Sunrun, Inc. She also serves on the private company board of OpenGov, Inc. She has been 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. A.B., 1969, Goucher College; M.B.A., 1975, Stanford University.

Read more

Thomas J. Barrack, Jr.

72, Board Member

Mr. Barrack is Executive Chairman and CEO of Colony Capital, Inc. He served in the Reagan administration as Deputy Undersecretary of the Department of the Interior. He is a trustee of the University of Southern California, sits on a variety of pri...vate boards and was awarded France’s Chevalier de la Légion d’honneur by President Nicolas Sarkozy. B.A., 1969, University of Southern California; J.D., 1972, University of San Diego.

Read more

Hafize Gaye Erkan

40, President and Board Member

Ms. Erkan joined First Republic in 2014 and became the President in 2017 and Board Member in 2019. Prior to First Republic, she 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. Ms. Erkan also serves on the board of directors of Tiffany & Co. B.Sc., 2001, Bogazici University (Turkey); Ph.D., 2006, Princeton University; Harvard Business School Advanced Management Program, 2015; Stanford Graduate School of Business Executive Program in Leadership, 2016.

Read more

Frank J. Fahrenkopf, Jr.

80, Board Member

Mr. Fahrenkopf was President and CEO of the American Gaming Association for 18 years. He is of counsel in the Washington, D.C., law firm of Hogan Lovells. He is Co-Chairman of the Commission on Presidential Debates. From 1983 to 1989, he was Chair...man of the Republican National Committee. He is a director of 11 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. B.A., 1962, University of Nevada, Reno; L.L.B., 1965, University of California, Berkeley.

Read more

Boris Groysberg

48, Board Member

Professor Groysberg teaches business administration in the Organizational Behavior unit at Harvard Business School. He is the author of Chasing Stars: The Myth of Talent and the Portability of Performance and co-author of Talk, Inc.: How Trusted L...eaders 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. B.S., 1994, New York University Stern School of Business; D.B.A., 2002, Harvard Business School.

Read more

Sandra R. Hernández, M.D.

62, Board Member

Dr. Hernández is President and CEO of the California Health Care Foundation (CHCF), an independent foundation dedicated to improving the health of the people of California. She is a gubernatorial appointee to the board of Covered California, the ...California health insurance marketplace, and serves on the board of the Public Policy Institute of California Statewide Leadership Council. Prior to joining CHCF, she 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. B.A., 1979, Yale University; M.D., 1984, Tufts School of Medicine; Senior Executives in State and Local Government certificate program, Harvard University’s John F. Kennedy School of Government.

Read more

Pamela J. Joyner

61, Board Member

Ms. Joyner is a founding partner of Avid Partners LLC, a strategic marketing consulting firm. Previously, she held senior positions at Bowman Capital Management LLC and Capital Guardian Trust Company. She is a trustee emeritus of Dartmouth College...; Chair of the Tate Americas Foundation; and a trustee of SFMOMA, the Art Institute of Chicago and J. Paul Getty Trust. She was previously Co-Chair of the San Francisco Ballet Association. B.A., 1979, Dartmouth College; M.B.A., 1984, Harvard University; M.A., Honorary Degree, 2001, Dartmouth College.

Read more

Reynold Levy

74, Board Member / Lead Outside Director

Mr. Levy serves as a consultant to commercial organizations, nonprofit institutions and individual benefactors. He most recently served as President of the Robin Hood Foundation, and was President of Lincoln Center for the Performing Arts from 200...2 to 2013. Previously, he was President of the International Rescue Committee and a senior 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. B.A., 1966, Hobart College; M.A., 1969, University of Virginia; Ph.D., 1973, University of Virginia; J.D., 1973, Columbia University Law School.

Read more

Duncan L. Niederauer

60, Board Member

Mr. Niederauer served as CEO of NYSE (2007–2014) and partner of Goldman Sachs. Currently he is a co-founder and managing
member of Transcend Wealth Collective, an independent investment advisory firm, and a founding partner of Communitas C...apital Partners, a venture capital fund. He is a director of Realogy Holdings Corp. and sits on several additional boards, including the Bob Woodruff Foundation 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. B.A., 1981, Colgate University; M.B.A., 1985, Emory University.

Read more

George G. C. Parker

81, Board Member

Mr. Parker is the Dean Witter Distinguished Professor of Finance, Emeritus, formerly Senior Associate Dean for Academic Affairs, Director of the M.B.A. Program and Director of Executive Education at the Graduate School of Business, Stanford Univer...sity. He 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. B.A., 1960, Haverford College; M.B.A., Ph.D., 1967, Stanford University.

Read more

Roger O. Walther

84, Chairman Emeritus

Founding Chairman and member of Director’s Loan Committee, Mr. Walther is Chairman of Tusker Corporation, a real estate management firm. He is a director of The Charles Schwab Corporation, a Chancellor’s Associate of the UCSF Foundation and a ...member of the Festival Napa Valley executive committee. B.S., 1958, United States Coast Guard Academy; M.B.A., 1961, Wharton School, University of Pennsylvania.

Read more

First Republic Values