First American Financial CEO Dennis Gilmore's 2020 pay rises 8% to $11M
First American Financial reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
First American Financial reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, five executives at First American Financial received on average a compensation package of $5.3M, a 6% increase compared to previous year.
Average pay of disclosed executives at First American Financial
Dennis J. Gilmore, Chief Executive Officer, received $11M in total, which increased by 8% compared to 2019. 59% of Gilmore's compensation, or $6.6M, was in stock awards. Gilmore also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $1M in salary, as well as $19K in other compensation.
For fiscal year 2020, the median employee pay was $58,016 at First American Financial. Therefore, the ratio of Dennis J. Gilmore's pay to the median employee pay was 193 to one.
Kenneth D. DeGiorgio, Executive Vice President, received a compensation package of $5.5M, which increased by 6% compared to previous year. 53% of the compensation package, or $3M, was in stock awards.
Christopher M. Leavell, Chief Operating Officer, earned $5.5M in 2020, a 5% increase compared to previous year.
Mark E. Seaton, Chief Financial Officer, received $3.6M in 2020, which increases by 4% compared to 2019.
Matthew F. Wajner, VP, Treasurer, earned $795K in 2020, which is about the same as 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, 2021.