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.
Average pay of disclosed executives at First American Financial
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.

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 April 1, 2022.