First American Financial Corporation

NYSE:FAF Stock Report

Market Cap: US$6.4b

First American Financial Management

Management criteria checks 4/4

First American Financial's CEO is Ken DeGiorgio, appointed in Feb 2022, has a tenure of 2.92 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 $13.71M. The average tenure of the management team and the board of directors is 4.3 years and 9.6 years respectively.

Key information

Ken DeGiorgio

Chief executive officer

US$7.1m

Total compensation

CEO salary percentage11.8%
CEO tenure2.9yrs
CEO ownership0.2%
Management average tenure4.3yrs
Board average tenure9.6yrs

Recent management updates

Recent updates

First American Financial Corporation's (NYSE:FAF) P/E Still Appears To Be Reasonable

Nov 29
First American Financial Corporation's (NYSE:FAF) P/E Still Appears To Be Reasonable

First American Financial: Housing Market Malaise Outweighs Portfolio Repositioning

Nov 11

First American Financial Corporation's (NYSE:FAF) Share Price Matching Investor Opinion

Aug 19
First American Financial Corporation's (NYSE:FAF) Share Price Matching Investor Opinion

First American Financial: Too Much Optimism Around A Recovery

Aug 12

First American Financial: Lack Of Near-Term Growth Leaves Shares With Limited Upside

May 16

First American Financial Corporation's (NYSE:FAF) Popularity With Investors Is Clear

Apr 19
First American Financial Corporation's (NYSE:FAF) Popularity With Investors Is Clear

First American Financial: Limited Housing Supply Leaves Shares Fully Valued

Dec 30

Why First American Financial Is Worth A Nibble At Current Prices

Oct 20

First American Financial: Cooling Volumes Makes For A Hold

Aug 09

First American Financial Q4 2022 Earnings Preview

Feb 08

First American acquires 1031 Solutions

Feb 02

First American Financial: Patience Should Be Rewarded

Jan 12

First American Financial declares $0.52 dividend

Nov 16

First American Financial: Low-Risk Housing Play At A Great Valuation

Oct 21

First American Financial raises dividend by 2% to $0.52/share

Aug 24

Ensemble Capital Management - First American: At Its Lowest Valuation In Over A Decade

Jul 19

CEO Compensation Analysis

How has Ken DeGiorgio's remuneration changed compared to First American Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$93m

Jun 30 2024n/an/a

US$195m

Mar 31 2024n/an/a

US$218m

Dec 31 2023US$7mUS$833k

US$217m

Sep 30 2023n/an/a

US$237m

Jun 30 2023n/an/a

US$241m

Mar 31 2023n/an/a

US$211m

Dec 31 2022US$6mUS$866k

US$263m

Sep 30 2022n/an/a

US$469m

Jun 30 2022n/an/a

US$912m

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$5mUS$818k

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$998m

Mar 31 2021n/an/a

US$867m

Dec 31 2020US$6mUS$775k

US$696m

Sep 30 2020n/an/a

US$640m

Jun 30 2020n/an/a

US$645m

Mar 31 2020n/an/a

US$661m

Dec 31 2019US$5mUS$775k

US$707m

Sep 30 2019n/an/a

US$575m

Jun 30 2019n/an/a

US$539m

Mar 31 2019n/an/a

US$508m

Dec 31 2018US$4mUS$775k

US$474m

Compensation vs Market: Ken's total compensation ($USD7.07M) is about average for companies of similar size in the US market ($USD7.89M).

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

CEO

Ken DeGiorgio (53 yo)

2.9yrs

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

NamePositionTenureCompensationOwnership
Kenneth DeGiorgio
CEO & Director2.9yrsUS$7.07m0.21%
$ 13.7m
Mark Seaton
Executive VP & CFO11.8yrsUS$3.36m0.13%
$ 8.3m
Steven Adams
VP & Chief Accounting Officer4.3yrsUS$737.14k0.00057%
$ 36.7k
Lisa Cornehl
Senior VP3.3yrsUS$1.13m0.0067%
$ 430.9k
Matthew Wajner
VP & Treasurer4.3yrsUS$805.25k0.023%
$ 1.5m
James Rogers
Vice President of Investmentsno datano datano data
Jody Mulkey
Chief Technology Officer1.5yrsno datano data
Shabnam Jalakian
VP & Chief Information Security Officerno datano datano data
Craig Barberio
Vice President of Investor Relations15yrsno datano data
Marcus Reese
VP & Chief Communications Officerno datano datano data
Chelsea Sumrow
VP & Chief Marketing Officerno datano datano data
Sharon Wingfelder
VP & Chief Human Resources Officerno datano datano data

4.3yrs

Average Tenure

48yo

Average Age

Experienced Management: FAF's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kenneth DeGiorgio
CEO & Director2.9yrsUS$7.07m0.21%
$ 13.7m
Parker Kennedy
Chairman Emeritus & Lead Independent Director14.6yrsUS$299.98k2.28%
$ 146.9m
Mark Oman
Independent Director11.8yrsUS$269.98k0.044%
$ 2.9m
Michael McKee
Independent Director13.8yrsUS$269.98k0.047%
$ 3.0m
James Doti
Independent Director14.6yrsUS$284.98k0.067%
$ 4.3m
Martha Wyrsch
Independent Director6.7yrsUS$264.72k0.013%
$ 835.5k
Deborah Wahl
Directorless than a yearno datano data
Dennis Gilmore
Chairman of the Board14.6yrsUS$461.43k0.58%
$ 37.1m
Margaret McCarthy
Independent Director9.6yrsUS$264.98k0.023%
$ 1.5m
Reginald Gilyard
Independent Director7.7yrsUS$254.98k0.016%
$ 1.0m
Marsha Spence
Director2.7yrsUS$226.81kno data

9.6yrs

Average Tenure

69yo

Average Age

Experienced Board: FAF's board of directors are considered experienced (9.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 02:56
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First American Financial Corporation is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Terry MaBarclays
Bruce HartingBarclays
Ryan GilbertBTIG