First American Financial CEO Dennis Gilmore's 2018 pay rises 1% to $8.4M
First American Financial reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
First American Financial reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at First American Financial received on average a compensation package of $4.1M, a 2% increase compared to previous year.
Dennis J. Gilmore, Chief Executive Officer, received $8.4M in total, which increased by 1% compared to 2017. 64% of Gilmore's compensation, or $5.4M, was in stock awards. Gilmore also received $2M in non-equity incentive plan, $999K in salary, as well as $13K in other compensation.
For fiscal year 2018, the median employee pay was $54,378 at First American Financial. Therefore, the ratio of Dennis J. Gilmore's pay to the median employee pay was 155 to one.
Kenneth D. DeGiorgio, Executive Vice President, received a compensation package of $4.1M, which increased by 1% compared to previous year. 58% of the compensation package, or $2.4M, was in stock awards.
Christopher M. Leavell, Chief Operating Officer, earned $3.9M in 2018, a 3% decrease compared to previous year.
Mark E. Seaton, Chief Financial Officer, received $3.2M in 2018, which increases by 12% compared to 2017.
Matthew F. Wajner, Chief Accounting Officer, earned $689K in 2018, a 3% increase compared to previous year.
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