IRVINE, California, May 11, 2012 – McDermott & Bull, a Southern California-based retained executive search firm, announced today the successful appointment of Mr. Jim Denver as Business Banker with First Republic Bank in Los Angeles, California.

This executive recruiting engagement was conducted by Brandon Biegenzahn, Principal Consultant at McDermott & Bull Executive Search. According to Mr. Biegenzahn, “Jim shares First Republic’s commitment to exceptional, relationship-based banking – with client service at the forefront and a solid commitment to responsiveness and action. Jim is a great addition to First Republic’s team as it continues to expand its commercial banking platform.”

Mr. Denver is a seasoned banking professional with over 15 years of experience with relationship sales and full portfolio management. Prior to joining First Republic Bank, he served as the Senior Vice President and Regional Manager for California Bank & Trust in their Commercial Banking Division. Mr. Denver has a diverse group of clients that include manufacturing, architecture, non-profit companies, private schools, and transportation.

Mr. Denver obtained his Bachelor of Arts in Political Science from Loyola Marymount University.

About First Republic Bank

Founded in 1985, First Republic Bank (www.firstrepublic.com) and its subsidiaries provide private banking, private business banking, and private wealth management to individuals, families, businesses, nonprofits, and foundations. First Republic clients work with a single relationship manager who coordinates a team of lending, deposit, investment management, trust and brokerage professionals. Preferred banking and wealth management offices are located in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Palm Beach, Boston, Greenwich, and New York City. Publicly traded under the stock symbol NYSE: FRC, First Republic is a component of the S&P Total Market Index, the Wilshire 5000 Total Market IndexSM, the Russell 1000®, Russell 3000® and Russell Global indices, and six Dow Jones indices.

About McDermott & Bull

McDermott & Bull, Inc. (www.mbsearch.com) is a retained executive search firm headquartered in Irvine, California. The firm serves both public and privately held clients in a variety of industries and functional areas. McDermott & Bull has developed expertise in fields including Technology, Financial Services, Energy, Manufacturing, Bio-Tech and Life Science, Retail, the Building Industry, Professional Services, and others. Founded by Rodney McDermott and Christopher Bull, the firm specializes in recruiting difficult-to-find and critical senior level talent for its clients. McDermott & Bull has worked with a large number of prestigious clients including Allergan, Advanced Medical Optics, Black & Decker, Harbor Freight Tools, Boeing, Aramark, Cisco Systems, Western Digital, Conexant, Google, Invitrogen, Meggitt PLC, J.F. Shea, Comerica Bank, and Union Bank.