FAF - First American Financial Corporation

NYSE - Nasdaq Real Time 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 Services
IndustryInsurance - Specialty
Full Time Employees18,251

Key Executives

NameTitlePayExercisedYear Born
Mr. Dennis Joseph GilmoreCEO & Director3.01MN/A1958
Mr. Mark Edward SeatonExec. VP & CFO1.42MN/A1978
Mr. Matthew F. WajnerVP & Chief Accounting Officer475.47kN/A1976
Mr. Kenneth David DeGiorgio BA, MBAExec. VP1.72MN/A1971
Mr. Christopher Michael LeavellChief Operating Officer of First American Title Insurance Company1.62MN/A1963
Amounts are as of December 31, 2018 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; products and services involving the use of real property related data 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, and title evidence 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 records and images. This segment 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 comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers 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; and auto insurance products. This segment markets its property and casualty insurance products through direct distribution channels, including marketing through its existing closing-service activities, as well as through a network of independent brokers. First American Financial Corporation was founded in 1889 and is headquartered in Santa Ana, California.

Corporate Governance

First American Financial Corporation’s ISS Governance QualityScore as of June 25, 2019 is 3. The pillar scores are Audit: 1; Board: 2; 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.