Mark E. Seaton has been appointed CEO of First American Financial Corp., while Matt F. Wajner has been appointed chief financial officer.
In addition, Dennis J. Gilmore, chairman of the board, will move to executive chairman of First American.
Seaton, who joined First American in 2006 and who has served as chief financial officer since 2013, replaces departing CEO Ken DeGiorgio.
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.
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.
“We are looking forward to our next chapter under the strong leadership of Mark Seaton,” Gilmore says in a release. “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.”
“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,” Seaton adds. “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.”