James h herbert ii biography samples

James "Jim" Herbert, II (born 1944) is an Americanbanker, business executive, and philanthropist best known as the co-founder of First Republic Bank,^[3] a San Francisco-based company that offers consumer lending, business banking, personal banking and residential lending.^[4] After serving as founding president^[5] and CEO of San Francisco Bancorp from 1980 until 1985,^[5] that year Herbert co-founded First Republic Bank,^[6] becoming CEO, president, and eventual chairman.^[7] He took the bank public in 1986^[8] and also oversaw First Republic's acquisition by Merrill Lynch in 2007.^[9] Merrill Lynch was acquired by Bank of America in 2008,^[10] which then sold First Republic to a constortium of investors^[11] in "one of the only bank sales [in 2009] not to require assistance from the Federal Deposit Insurance Corporation."^[11] That year the San Francisco Business Times recognized Herbert as a Most Admired CEO.^[12] Herbert took First Republic