First American Financial CEO Dennis Gilmore's 2021 pay slips 3% to $11M
First American Financial reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
First American Financial reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five executives at First American Financial received on average a compensation package of $5.2M, a 2% decrease compared to previous year.
Dennis J. Gilmore, Chief Executive Officer, received $11M in total, which decreased by 3% compared to 2020. 54% of Gilmore's compensation, or $5.9M, was in stock awards. Gilmore also received $686K of change in pension value and nonqualified deferred compensation earnings, $3.2M in non-equity incentive plan, $1M in salary, as well as $10K in other compensation.
For fiscal year 2021, the median employee pay was $57,046 at First American Financial. Therefore, the ratio of Dennis J. Gilmore's pay to the median employee pay was 189 to one.
Kenneth D. DeGiorgio, Chief Executive Officer, received a compensation package of $5.2M, which decreased by 6% compared to previous year. 53% of the compensation package, or $2.7M, was in stock awards.
Christopher M. Leavell, Chief Operating Officer, earned $5.1M in 2021, a 7% decrease compared to previous year.
Mark E. Seaton, Chief Financial Officer, received $4.1M in 2021, which increases by 11% compared to 2020.
Matthew F. Wajner, VP, Treasurer, earned $887K in 2021, a 12% increase compared to previous year.
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