First American Financial Corporation Elevates Mark E. Seaton to Chief Executive Officer
First American Financial (NYSE: FAF) has announced significant leadership changes, with CFO Mark E. Seaton being appointed as the new Chief Executive Officer, replacing Ken DeGiorgio. Additionally, Treasurer Matt F. Wajner has been promoted to Chief Financial Officer, and Dennis J. Gilmore will transition to Executive Chairman.
Seaton, who has served as CFO since 2013, has been instrumental in leading strategic initiatives driving the company's digital transformation. He oversees First American Trust and the company's technology group. Seaton joined First American in 2006 and holds degrees from Stanford University and Dartmouth College.
Wajner, the new CFO, has been with First American since 2009, serving as treasurer for the past five years and previously holding positions as chief accounting officer and controller. He has prior experience with JPMorgan Chase & Co. and PricewaterhouseCoopers LLP.
First American Financial (NYSE: FAF) ha annunciato importanti cambiamenti nella leadership: il CFO Mark E. Seaton è stato nominato nuovo Amministratore Delegato, sostituendo Ken DeGiorgio. Inoltre, il Tesoriere Matt F. Wajner è stato promosso a Chief Financial Officer, mentre Dennis J. Gilmore assumerà il ruolo di Presidente Esecutivo.
Seaton, che ricopre la carica di CFO dal 2013, ha avuto un ruolo chiave nel guidare le iniziative strategiche alla base della trasformazione digitale dell’azienda. Supervisiona First American Trust e il gruppo tecnologico della società. Seaton è entrato in First American nel 2006 e ha conseguito lauree presso la Stanford University e il Dartmouth College.
Wajner, il nuovo CFO, lavora in First American dal 2009, è stato tesoriere negli ultimi cinque anni e in precedenza ha ricoperto i ruoli di chief accounting officer e controller. Ha maturato esperienze precedenti presso JPMorgan Chase & Co. e PricewaterhouseCoopers LLP.
First American Financial (NYSE: FAF) ha anunciado cambios significativos en su liderazgo, con el CFO Mark E. Seaton nombrado nuevo Director Ejecutivo, en sustitución de Ken DeGiorgio. Además, el Tesorero Matt F. Wajner ha sido promovido a Director Financiero, y Dennis J. Gilmore pasará a ser Presidente Ejecutivo.
Seaton, que ha sido CFO desde 2013, ha sido fundamental en liderar las iniciativas estratégicas que impulsan la transformación digital de la empresa. Supervisa First American Trust y el grupo tecnológico de la compañía. Seaton se unió a First American en 2006 y posee títulos de la Universidad de Stanford y Dartmouth College.
Wajner, el nuevo CFO, trabaja en First American desde 2009, ha sido tesorero durante los últimos cinco años y anteriormente ocupó cargos como director de contabilidad y controlador. Tiene experiencia previa en JPMorgan Chase & Co. y PricewaterhouseCoopers LLP.
First American Financial (NYSE: FAF)는 주요 리더십 변화를 발표했습니다. CFO인 Mark E. Seaton이 새로운 최고경영자(CEO)로 임명되어 Ken DeGiorgio를 대신하게 되었습니다. 또한, 재무담당 이사인 Matt F. Wajner가 최고재무책임자(CFO)로 승진했으며, Dennis J. Gilmore는 집행 의장(Executive Chairman)으로 전환됩니다.
2013년부터 CFO로 재직해온 Seaton은 회사의 디지털 전환을 주도하는 전략적 이니셔티브를 이끄는 데 중요한 역할을 해왔습니다. 그는 First American Trust와 회사의 기술 그룹을 감독하고 있습니다. Seaton은 2006년에 First American에 합류했으며 스탠포드 대학교와 다트머스 대학에서 학위를 취득했습니다.
새로운 CFO인 Wajner는 2009년부터 First American에서 근무했으며, 지난 5년간 재무담당 이사로 일했으며 이전에는 최고회계책임자 및 회계관리자 역할을 맡았습니다. 그는 JPMorgan Chase & Co.와 PricewaterhouseCoopers LLP에서의 경력도 보유하고 있습니다.
First American Financial (NYSE : FAF) a annoncé d’importants changements à la direction : le directeur financier Mark E. Seaton a été nommé nouveau directeur général, remplaçant Ken DeGiorgio. Par ailleurs, le trésorier Matt F. Wajner a été promu directeur financier, et Dennis J. Gilmore deviendra président exécutif.
Seaton, qui occupe le poste de CFO depuis 2013, a joué un rôle clé dans la conduite des initiatives stratégiques favorisant la transformation numérique de l’entreprise. Il supervise First American Trust ainsi que le groupe technologique de la société. Seaton a rejoint First American en 2006 et est diplômé de l’Université de Stanford et du Dartmouth College.
Wajner, le nouveau CFO, travaille chez First American depuis 2009, a été trésorier ces cinq dernières années et a précédemment occupé les fonctions de directeur comptable et de contrôleur. Il possède une expérience antérieure chez JPMorgan Chase & Co. et PricewaterhouseCoopers LLP.
First American Financial (NYSE: FAF) hat bedeutende Führungswechsel bekannt gegeben: CFO Mark E. Seaton wurde zum neuen Chief Executive Officer ernannt und ersetzt Ken DeGiorgio. Zudem wurde der Schatzmeister Matt F. Wajner zum Chief Financial Officer befördert, und Dennis J. Gilmore wird zum Executive Chairman wechseln.
Seaton, der seit 2013 CFO ist, spielte eine entscheidende Rolle bei der Leitung strategischer Initiativen zur digitalen Transformation des Unternehmens. Er überwacht First American Trust und die Technologieabteilung des Unternehmens. Seaton kam 2006 zu First American und hat Abschlüsse von der Stanford University und dem Dartmouth College.
Wajner, der neue CFO, arbeitet seit 2009 bei First American, war in den letzten fünf Jahren Schatzmeister und hatte zuvor Positionen als Chief Accounting Officer und Controller inne. Er verfügt über frühere Erfahrungen bei JPMorgan Chase & Co. und PricewaterhouseCoopers LLP.
- Seamless leadership transition with internal promotions maintaining organizational stability
- New CEO has extensive experience in digital transformation initiatives
- New CEO brings 17 years of company experience and strong educational background
- Unexpected departure of previous CEO Ken DeGiorgio
Insights
This leadership transition at First American Financial represents a significant structural adjustment with Mark Seaton stepping up from CFO to CEO after serving in that role since 2013. The appointment signals continuity rather than disruption, as Seaton has been with the company for nearly two decades and has been directly involved in the company's strategic digital transformation initiatives.
The lack of explanation regarding Ken DeGiorgio's departure creates some uncertainty, though the seamless promotion of internal candidates suggests this was likely a planned succession. Matt Wajner's promotion to CFO maintains continuity in the financial leadership team, given his 14-year tenure with the company and previous roles as treasurer, chief accounting officer, and controller.
Dennis Gilmore's shift from Chairman to Executive Chairman indicates he'll maintain an active role supporting this transition. This structured leadership handover with long-tenured executives suggests minimal disruption to ongoing operations and strategic direction.
While executive transitions always introduce some uncertainty, Seaton's familiarity with First American's operations, particularly his oversight of both financial activities and the technology group, positions him well to maintain momentum on the company's digital transformation initiatives – a critical focus in the evolving real estate transaction services industry.
Matt F. Wajner Appointed Chief Financial Officer
“We are looking forward to our next chapter under the strong leadership of Mark Seaton,” said Gilmore. “No one is more ready to be our CEO than Mark, who has played a leading role in our most critical strategic initiatives, which are driving the digital transformation of our business. We want to thank Ken DeGiorgio for his many years of service to First American.”
Seaton has served as Chief Financial Officer since 2013. In addition to managing all financial-related activities, Seaton oversees First American Trust, the company’s federally charted bank, as well as First American’s technology group. Seaton joined First American in 2006 and holds a bachelor's degree in economics from Stanford University and a Master of Business Administration degree from The Tuck School of Business at Dartmouth College.
The company also announced the promotion of Matt F. Wajner to Chief Financial Officer. Wajner, who joined First American in 2009, served as treasurer for the past five years and previously held the positions of chief accounting officer and controller. Prior to First American, Wajner held roles with JPMorgan Chase & Co, and PricewaterhouseCoopers LLP. Wajner holds a bachelor's degree in business economics from UCLA.
“I’ve been a part of the First American family for nearly 20 years, and it’s an honor to serve the company as its CEO,” said Seaton. “We have celebrated many proud accomplishments during our 136-year history, but given our extraordinary people and unique competitive advantages, I firmly believe our best days are yet to come.”
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Investor Contact:
Craig Barberio
Investor Relations
First American Financial Corporation
(714) 250-5214
Source: First American Financial Corporation
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