First American Financial Corporation (FAF)

54.99 -0.12 (-0.22%) At close: 04:00PM EDT

First American Financial Corporation

1 First American Way
Santa Ana, CA 92707-5913
United States
714 250 3000
https://www.firstam.com

Sector(s): Financial Services
Industry: Insurance - Specialty
Full-time employees: 19,210

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kenneth David DeGiorgio BA, MBA	CEO & Director	1.9M	N/A	1971
Mr. Mark Edward Seaton	Executive VP & CFO	1.08M	N/A	1978
Mr. Steven A. Adams	VP & Chief Accounting Officer	469.83k	N/A	1970
Ms. Lisa Walgenbach Cornehl	Senior VP, Chief Legal Officer & Secretary	555.67k	N/A	1979
Mr. Matthew Feivish Wajner	VP & Treasurer	469.83k	N/A	1976
Mr. Jody Mulkey	Chief Technology Officer	N/A	N/A	N/A
Mr. Craig Barberio	Vice President of Investor Relations	N/A	N/A	N/A
Mr. George Stone Livermore	Executive Vice President of Data and Mortgage Solutions	N/A	N/A	1961
Mr. Mark Fleming	Chief Economist	N/A	N/A	N/A
Ms. Dianna Serio	Senior Vice President of Enterprise Data Strategy	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, document generation services, mortgage loans subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in various states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Home Warranty segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in various states and the District of Columbia. The company was founded in 1889 and is headquartered in Santa Ana, California.

Corporate governance

First American Financial Corporation’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.