First American Financial appoints Mark E. Seaton as CEO

By Tamara Parker • Tuesday, April 15 15:19 • Permanent Link

First American Financial Corporation (NYSE: FAF) has announced significant changes to its leadership team, with Chief Financial Officer Mark E. Seaton being appointed as the new Chief Executive Officer, replacing departing CEO Ken DeGiorgio. Additionally, Treasurer Matt F. Wajner has been promoted to the role of Chief Financial Officer, while Chairman of the Board Dennis J. Gilmore will take on the position of Executive Chairman of First American.

Mark E. Seaton, who has been with the company since 2006 and served as Chief Financial Officer since 2013, will now lead the organization as its CEO. During his tenure, he has overseen critical strategic initiatives driving the digital transformation of the business. Seaton holds a bachelor's degree in economics from Stanford University and a Master of Business Administration degree from The Tuck School of Business at Dartmouth College.

The newly appointed Chief Financial Officer, Matt F. Wajner, joined First American in 2009 and has held various finance-related roles within the company, including treasurer for the past five years. Before joining First American, Wajner had roles with JPMorgan Chase & Co and PricewaterhouseCoopers LLP. He holds a bachelor's degree in business economics from UCLA.

First American Financial Corporation, a premier provider of title, settlement, and risk solutions for real estate transactions, reported total revenue of $6.1 billion in 2024. The company has been recognized for its workplace culture, being named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the tenth consecutive year, as well as one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024.

The changes in leadership mark a significant transition for First American Financial Corporation as it looks toward its next chapter under the guidance of new CEO Mark E. Seaton and CFO Matt F. Wajner.

For media inquiries, contact Marcus Ginnaty, Corporate Communications at First American Financial Corporation at (714) 250-3298. For investor relations, reach out to Craig Barberio, Investor Relations at First American Financial Corporation at (714) 250-5214. Following these announcements, the company's shares moved -0.2%, and are now trading at a price of $60.86. Check out the company's full 8-K submission here.

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