First American Financial Management

Management criteria checks 3/4

First American Financial's CEO is Ken DeGiorgio, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is $7.07M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €11.03M. The average tenure of the management team and the board of directors is 3.6 years and 10 years respectively.

Key information

Ken DeGiorgio

Chief executive officer

US$7.1m

Total compensation

CEO salary percentage	11.8%
CEO tenure	2.3yrs
CEO ownership	0.2%
Management average tenure	3.6yrs
Board average tenure	10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ken DeGiorgio's remuneration changed compared to First American Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$218m
Dec 31 2023	US$7m	US$833k	US$217m
Sep 30 2023	n/a	n/a	US$237m
Jun 30 2023	n/a	n/a	US$241m
Mar 31 2023	n/a	n/a	US$211m
Dec 31 2022	US$6m	US$866k	US$263m
Sep 30 2022	n/a	n/a	US$469m
Jun 30 2022	n/a	n/a	US$912m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$5m	US$818k	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$998m
Mar 31 2021	n/a	n/a	US$867m
Dec 31 2020	US$6m	US$775k	US$696m
Sep 30 2020	n/a	n/a	US$640m
Jun 30 2020	n/a	n/a	US$645m
Mar 31 2020	n/a	n/a	US$661m
Dec 31 2019	US$5m	US$775k	US$707m
Sep 30 2019	n/a	n/a	US$575m
Jun 30 2019	n/a	n/a	US$539m
Mar 31 2019	n/a	n/a	US$508m
Dec 31 2018	US$4m	US$775k	US$474m
Sep 30 2018	n/a	n/a	US$604m
Jun 30 2018	n/a	n/a	US$474m
Mar 31 2018	n/a	n/a	US$441m
Dec 31 2017	US$4m	US$750k	US$423m

Compensation vs Market: Ken's total compensation ($USD7.07M) is above average for companies of similar size in the German market ($USD3.35M).

Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.

CEO

Ken DeGiorgio (52 yo)

2.3yrs

Tenure

US$7,069,357

Compensation

Mr. Kenneth David DeGiorgio, BA, MBA, also known as Ken, serves as Chief Executive Officer at First American Financial Corporation since February 04, 2022 and serves as its Director since February 04, 2022...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth DeGiorgio	CEO & Director	2.3yrs	US$7.07m	0.21% $ 11.0m
Mark Seaton	Executive VP & CFO	11.2yrs	US$3.36m	0.13% $ 6.7m
Steven Adams	VP & Chief Accounting Officer	3.6yrs	US$737.14k	0.0024% $ 123.0k
Lisa Cornehl	Senior VP	2.7yrs	US$1.13m	0.0066% $ 346.6k
Matthew Wajner	VP & Treasurer	3.6yrs	US$805.25k	0.023% $ 1.2m
Jody Mulkey	Chief Technology Officer	less than a year	no data	no data
Craig Barberio	Vice President of Investor Relations	14.3yrs	no data	no data
George Livermore	Executive Vice President of Data and Mortgage Solutions	no data	no data	no data
Mark Fleming	Chief Economist	9.5yrs	no data	no data
Dianna Serio	Senior Vice President of Enterprise Data Strategy	9.5yrs	no data	no data
Rouz Tabaddor	VP & Chief Intellectual Property and Privacy Officer	2.9yrs	no data	no data
Paul Hurst	Chief Innovation Officer	2.2yrs	no data	no data

3.6yrs

Average Tenure

49.5yo

Average Age

Experienced Management: Y1F's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth DeGiorgio	CEO & Director	2.3yrs	US$7.07m	0.21% $ 11.0m
Parker Kennedy	Chairman Emeritus & Lead Independent Director	13.9yrs	US$299.98k	2.56% $ 133.3m
Mark Oman	Independent Director	11.2yrs	US$269.98k	0.044% $ 2.3m
Michael McKee	Independent Director	13.2yrs	US$269.98k	0.047% $ 2.4m
James Doti	Independent Director	13.9yrs	US$284.98k	0.066% $ 3.5m
Martha Wyrsch	Independent Director	6yrs	US$264.72k	0.013% $ 672.3k
Dennis Gilmore	Chairman of the Board	13.9yrs	US$461.43k	0.57% $ 29.8m
Margaret McCarthy	Independent Director	8.9yrs	US$264.98k	0.022% $ 1.2m
Reginald Gilyard	Independent Director	7yrs	US$254.98k	0.016% $ 818.2k
Marsha Spence	Director	2yrs	US$226.81k	no data

10.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: Y1F's board of directors are seasoned and experienced ( 10 years average tenure).

First American Financial Management

Management criteria checks 3/4

Key information

Recent management updates

First American Financial Corporation, Annual General Meeting, May 21, 2024

First American Financial Corporation Appoints Jody Mulkey as Chief Technology Officer

First American Financial Corporation Announces Resignation of Christopher M. Leavell as Chief Operating Officer

Insider recently sold €2.2m worth of stock

First American Financial Corporation Appoints Marsha A. Spence to Board of Directors

Insufficient new directors

Recent updates

First quarter 2024 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2023)

First American Financial Corporation, Annual General Meeting, May 21, 2024

Upcoming dividend of US$0.53 per share

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.46 in FY 2022)

Third quarter dividend of US$0.53 announced

First American Financial Corporation to Report Q1, 2024 Results on Apr 25, 2024

ACI Introduces SureStep Mobile, an Advanced Appraisal Data Collection and Order Management Solution

Upcoming dividend of US$0.53 per share at 3.6% yield

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: US$0.016 loss per share (vs US$0.019 profit in 3Q 2022)

First American Financial Corporation to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.53 per share at 3.5% yield

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on September 15, 2023

Second quarter 2023 earnings released: EPS: US$1.33 (vs US$1.01 in 2Q 2022)

First American Financial Corporation Appoints Jody Mulkey as Chief Technology Officer

Upcoming dividend of US$0.52 per share at 3.7% yield

First American Financial Corporation Announces FraudGuard Solution Now Helps Reduce Risk in Home Equity Lending, Valuation, and SCRA Compliance

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$0.44 (vs US$0.89 in 1Q 2022)

Upcoming dividend of US$0.52 per share at 3.7% yield

Full year 2022 earnings released: EPS: US$2.46 (vs US$11.18 in FY 2021)

First American Financial Corporation acquired 1031 Solutions, LLC.

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2023

First American Financial Corporation to Report Q1, 2023 Results on Apr 27, 2023

Upcoming dividend of US$0.52 per share

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.019 (vs US$4.01 in 3Q 2021)

First American Financial Corporation to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.52 per share

First American Financial Corporation Increases Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$1.01 (vs US$2.72 in 2Q 2021)

First American Financial Corporation (NYSE:FAF) announces an Equity Buyback for $400 million worth of its shares.

First American Financial Corporation Announces Resignation of Christopher M. Leavell as Chief Operating Officer

First American Financial Corporation(NYSE:FAF) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$0.51 per share

Insider recently sold €2.2m worth of stock

First American Financial Corporation Appoints Marsha A. Spence to Board of Directors

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2022

First American Financial Corporation (NYSE : FAF) completed the acquisition of Mother Lode Holding Company.

First quarter 2022 earnings released: EPS: US$0.89 (vs US$2.10 in 1Q 2021)

Insufficient new directors

First American Financial Corporation, Annual General Meeting, May 10, 2022

Upcoming dividend of US$0.51 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

First American Financial Corporation Announces Board Appointments

First American Financial Corporation Announces Executive Changes

First American Financial Corporation (NYSE:FAF) entered into an agreement to acquire Mother Lode Holding Company.

First American Financial Corporation Releases September 2021 First American Real House Price Index

Upcoming dividend of US$0.51 per share

Insufficient new directors

President recently sold €1.7m worth of stock

Third quarter 2021 earnings released: EPS US$4.01 (vs US$1.62 in 3Q 2020)

Upcoming dividend of US$0.51 per share

Second quarter 2021 earnings released: EPS US$2.73 (vs US$1.52 in 2Q 2020)

First American Financial Corporation (NYSE:FAF) acquired Georgetown Title Company Inc.

Upcoming dividend of US$0.46 per share

First American Financial Corporation Declares Quarterly Cash Dividend, Payable on June 15, 2021

United States Patent and Trademark Office Issues First American Financial Corporation Announces Patent for an Innovative Improvement to Optical Character Recognition

First quarter 2021 earnings released: EPS US$2.10 (vs US$0.56 in 1Q 2020)

New 90-day high: €46.80

Full year 2020 earnings released: EPS US$6.18 (vs US$6.26 in FY 2019)

Revenue beats expectations

First American Data & Analytics, a Division of First American Financial Corporation Launches AppIntelligence® Score for Mortgage Fraud

New 90-day high: €44.60

First American Financial Corporation to Report Q2, 2021 Results on Jul 22, 2021

RM LAW, P.C. Announces Class Action Lawsuit Against First American Financial Corporation

First American Rebrands Data Division as the Data & Analytics Division

First American Financial Corporation to Report Q1, 2021 Results on Apr 22, 2021