First American Financial CEO Dennis Gilmore's 2019 pay jumps 23% to $10M
First American Financial reports 2019 executive compensation
By ExecPay News
Published: March 31, 2020
First American Financial reported fiscal year 2019 executive compensation information on March 31, 2020.
In 2019, five executives at First American Financial received on average a compensation package of $5M, a 24% increase compared to previous year.
Average pay of disclosed executives at First American Financial
Dennis J. Gilmore, Chief Executive Officer, received $10M in total, which increased by 23% compared to 2018. 49% of Gilmore's compensation, or $5.1M, was in stock awards. Gilmore also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $2.9M in non-equity incentive plan, $1M in salary, as well as $16K in other compensation.
For fiscal year 2019, the median employee pay was $55,016 at First American Financial. Therefore, the ratio of Dennis J. Gilmore's pay to the median employee pay was 188 to one.
Christopher M. Leavell, Chief Operating Officer, received a compensation package of $5.3M, which increased by 35% compared to previous year. 44% of the compensation package, or $2.3M, was in stock awards.
Kenneth D. DeGiorgio, Executive Vice President, earned $5.2M in 2019, a 28% increase compared to previous year.
Mark E. Seaton, Chief Financial Officer, received $3.5M in 2019, which increases by 11% compared to 2018.
Matthew F. Wajner, Chief Accounting Officer, earned $796K in 2019, a 15% increase compared to previous year.
Related executives
Dennis Gilmore
First American Financial
Chief Executive Officer
Kenneth DeGiorgio
First American Financial
Chief Executive Officer
Christopher Leavell
First American Financial
Chief Operating Officer
Mark Seaton
First American Financial
Chief Financial Officer
Matthew Wajner
First American Financial
VP, Treasurer
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Source: SEC filing on March 31, 2020.