FAF - First American Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD

First American Financial Corporation

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

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees19,531

Key Executives

NameTitlePayExercisedAge
Mr. Parker S. KennedyChairmanN/AN/A69
Mr. Dennis J. GilmoreCEO & Director2.72MN/A58
Mr. Mark Edward SeatonChief Financial Officer and Exec. VP1.22MN/A39
Mr. Matthew F. WajnerChief Accounting Officer and VP444.27kN/A41
Mr. Kenneth D. DeGiorgio BA, MBAExec. VP1.65MN/A46
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is 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 Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; accommodates tax-deferred exchanges of real estate; maintains, manages, and provides access to title plant records and images; evidence of title; and offers banking, trust, document custodial, and investment advisory services, as well as provides products, services, and solutions for the use of real property related data designed to mitigate risk or otherwise facilitate real estate transactions. It offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance, including coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage in 47 states. It also sells home warranty products comprising residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period in 39 states and the District of Columbia; and offers auto insurance products. This segment markets its property and casualty insurance products through direct distribution channels, including cross-selling through its existing closing-service activities, as well as through a network of independent brokers. First American Financial Corporation was incorporated in 2008 and is based in Santa Ana, California.

Corporate Governance

First American Financial Corporation’s ISS Governance QualityScore as of December 1, 2017 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 7; 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 a 10 indicates higher governance risk.