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8-K

First American Financial Corp (FAF)

8-K 2021-05-19 For: 2021-05-11
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): May 11, 2021

FIRST AMERICAN FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-34580 26-1911571
(State or Other Jurisdiction<br><br><br>of Incorporation) (Commission<br><br><br>File Number) (IRS Employer<br><br><br>Identification No.)
1 First American Way,<br><br><br>Santa Ana, California 92707-5913
(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code: (714) 250-3000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.00001 par value FAF The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 11, 2021, the Board of Directors of First American Financial Corporation (the “Company”) appointed Kenneth D. DeGiorgio as president of the Company.  Mr. DeGiorgio, 50, will oversee the Company’s operating groups, including its title insurance, specialty insurance, and data and analytics businesses. He served as the Company’s executive vice president from 2010 until this promotion, overseeing the Company's international division and trust company and various corporate functions.  A copy of the press release announcing Mr. DeGiorgio’s appointment is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit<br><br><br>Number Description
99.1 Press Release, dated May 19, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FIRST AMERICAN FINANCIAL CORPORATION
Date:  May 19, 2021 By: /s/ Greg L. Smith
Name: Greg L. Smith
Title: Vice President, Deputy General Counsel and Secretary
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faf-ex991_6.htm

Exhibit 99.1

NEWS FOR<br><br><br>IMMEDIATE<br><br><br>RELEASE

First American Financial Corporation

NAMES kenneth d. degiorgio PRESIDENT

SANTA ANA, Calif., May 19, 2021 – First American Financial Corporation (NYSE: FAF), a leading provider of title insurance, settlement services and risk solutions for real estate transactions, today announced that Kenneth D. DeGiorgio has been named president. In his new position, DeGiorgio will have oversight responsibility for the corporation’s operating groups, including its title insurance, specialty insurance and data and analytics businesses.

“Ken’s well-deserved appointment follows more than two decades of accomplished service to First American,” said Dennis J. Gilmore, chief executive officer at First American Financial Corporation. “His proven leadership, in-depth understanding of our business, and commitment to First American’s leadership of the digital transformation of the title and settlement industry make him well suited for this role.”

DeGiorgio joined the company in 1999. With the separation of First American from its former parent in 2010, he was named to his most recent position as executive vice president. In that role he has taken on oversight responsibility for several corporate functions, including mergers and acquisitions, legal, compliance, information security, enterprise risk management, and marketing and communications. He also took on responsibility for the company’s banking operations and its international division.

About First American

First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For^®^ list for the sixth consecutive year. More information about the company can be found at www.firstam.com.

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First American Financial Corporation Names Kenneth D. DeGiorgio President

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Media Contact: Investor Contact:
Marcus Ginnaty<br><br><br>Corporate Communications<br>First American Financial Corporation <br>714-250-3298 Craig Barberio<br><br><br>Investor Relations<br><br><br>First American Financial Corporation<br><br><br>714-250-5214