In 2023, Kenneth D. DeGiorgio earned $1.90M in total compensation at First American Financial, including $832.50K salary and $1.05M bonus. Most recently acquired 11,698 shares in Sep 2024. Currently holds stock worth $24.48M. Has donated $61.55K in stock to charitable causes. 3+ years at the helm of First American Financial.
Compensation History
Annual executive compensation data for Kenneth D. DeGiorgio, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.90M
Salary
$832.50K
Bonus
$1.05M
Other
$12.76K
Salary
$832.50KBoard Justification
The compensation philosophy emphasizes a pay-for-performance orientation, aligning executive compensation with the company's financial performance and long-term shareholder value.
Bonus
$1.05MBoard Justification
The annual cash bonus for 2023 was determined based on performance metrics, resulting in a payout of 60% of target due to the company's performance, with a discretionary adjustment increasing the payout to 72% for certain executives, excluding the CEO.
Other Compensation
$12.76KBoard Justification
Other compensation includes contributions to the 401(k) plan, life insurance premiums, and long-term disability insurance premiums.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as the focus was on cash and performance-based bonuses.
Performance Metrics
The performance metrics for 2023 included return on equity and pretax margin, with actual results leading to a 60% payout of the target bonus.
Kenneth D. DeGiorgio
CEO of First American Financial
Education
Bachelor's degree from the University of Southern California
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1972 - 53 years ago
CEO of First American Financial for
3 years 10 months (Feb 2022 - Present)
Previous Experience
Executive Vice President overseeing international division and various corporate functions
Other First American Financial CEOs
Holdings
Track Kenneth D. DeGiorgio's stock holdings and portfolio value over time.
Total Stock Sold
$15.13M
$15.13M
382,369 FAF shares
What if they kept their stock?
If Kenneth D. DeGiorgio didn't sell their stock, today they would have:
Extra FAF382,369 shares worth $24.77M.
This is 63.76% and $9.65M more than what they got when they sold the stock.
Charitable Transactions
950 shares
FAF
Recent Charitable Transactions
950 shares
FAF
Aug 20, 2015
Charity
Insider Trading
Kenneth D. DeGiorgio's recent stock transactions, purchases, and sales filed with the SEC.
11,698 shares
OPAD
Sep 30, 2024
Received
5,373 shares
OPAD
Jun 28, 2024
Received
13,333 shares
OPAD
Jun 4, 2024
Received
2,932 shares
OPAD
Mar 28, 2024
Received
45,517 shares
FAF
Feb 22, 2024
Received
2,317 shares
OPAD
Dec 31, 2023
Received
2,433 shares
OPAD
Sep 30, 2023
Received
1,832 shares
OPAD
Jun 30, 2023
Received
51,071 shares
OPAD
Jun 8, 2023
Received
45,066 shares
OPAD
Mar 31, 2023
Received
Rivals
Compare Kenneth D. DeGiorgio with competitor CEOs and industry peers.
Timothy J. Mattke
CEO of MGIC Investment Corp.
2023 Compensation
Stock
$1.25M
Salary
$600.00K
Bonus
$180.00K
Other
$50.00K
Total Holdings
$24.65M
Conor C. Flynn
CEO of Kimco Realty
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.92M
Other
$26.34K
Total Holdings
$57.98M
Randy Quirk
CEO of Fidelity National Financial
2023 Compensation
Stock
$5.67M
Salary
$665.39K
Bonus
$0.00
Other
$110.44K
Total Holdings
$53.40M
Mike Nolan
CEO of Fidelity National Financial
2023 Compensation
Stock
$3.12M
Salary
$947.31K
Bonus
$0.00
Other
$107.91K
Total Holdings
$30.67M