First American Financial appoints Seaton as CEO, Wajner as CFO; DeGiorgio out without cause

First American Financial Corp

CFO Mark Seaton promoted to CEO effective April 10, 2025; had been CFO since 2013.
Treasurer Matt Wajner promoted to CFO effective April 10, 2025.
CEO Ken DeGiorgio terminated without cause effective April 10; entitled to severance per employment agreement.
Board Chair Dennis Gilmore becomes Executive Chairman.
No changes to Seaton or Wajner employment arrangements.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Matthew F. Wajner

Chief Financial Officer

FAF · First American Financial Corp

Effective: 2025-04-10
Filed: April 15, 2025, 7:59 PM ET

the Board promoted Matthew F. Wajner to the position of Chief Financial Officer, effective as of April 10, 2025.

Role change

Mark E. Seaton

Chief Executive Officer

FAF · First American Financial Corp

Effective: 2025-04-10
Filed: April 15, 2025, 7:59 PM ET

the Board promoted Mark E. Seaton to the position of Chief Executive Officer and appointed him as a director of the Company, effective as of April 10, 2025.

Departed

Kenneth D. DeGiorgio

Chief Executive Officer

FAF · First American Financial Corp

Effective: 2025-04-10
Successor: Mark E. Seaton
Filed: April 15, 2025, 7:59 PM ET

Kenneth D. DeGiorgio ceased to serve as Chief Executive Officer and a member of the Board of Directors of the Company (the “Board”), effective as of April 10, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew F. Wajner changed role as Chief Financial Officer at First American Financial Corp.

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

the Board promoted Matthew F. Wajner to the position of Chief Financial Officer, effective as of April 10, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark E. Seaton changed role as Chief Executive Officer at First American Financial Corp.

Action: promoted
Role: Chief Executive Officer

Exact text from the filing

the Board promoted Mark E. Seaton to the position of Chief Executive Officer and appointed him as a director of the Company, effective as of April 10, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth D. DeGiorgio departed as Chief Executive Officer at First American Financial Corp.

Action: ceased to serve
Role: Chief Executive Officer

Exact text from the filing

Kenneth D. DeGiorgio ceased to serve as Chief Executive Officer and a member of the Board of Directors of the Company (the “Board”), effective as of April 10, 2025.

View on SEC.gov

First American Financial Corp filing history →

Source: SEC EDGAR

accession 0000950170-25-053968

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