 SAN FRANCISCO--BUSINESS WIRE--First Republic Bank NYSE:FRC, a leading private bank and wealth management company, today announced that its Board of Directors has extended the contract of its Founder, Chairman and CEO Jim Herbert through December 31, 2022, following which he will serve as Executive Chairman. The Board has also entered into a contract with Hafize Gaye Erkan as Co-CEO, sharing Chief Executive responsibilities with and reporting to Mr. Herbert. Additionally, Ms. Erkan will cont 