First American Financial Corporation Appoints Gary L. Kermott as President of First American Title Insurance Company

Strategic Insights -

The First American Financial Corporation has announced the appointment of Gary L. Kermott as president of its largest subsidiary, First American Title Insurance Company. Kermott succeeds Parker S. Kennedy, who has been appointed as the chairman of the board for the 109-year-old title insurance company. Kermott's appointment is a significant move for the company, as he has been serving as a director of First American Title Insurance Company since April 1997 and has a strong track record of success within the company. Under Kermott's leadership, the company will continue to emphasize strong personal relationships among its people and customers.

Key Takeaways:

  • Gary L. Kermott has been appointed as the president of First American Title Insurance Company, a subsidiary of The First American Financial Corporation.
  • Kermott has been serving as a director of First American Title Insurance Company since April 1997 and has held various leadership positions within the company.
  • Kermott succeeds Parker S. Kennedy, who has been appointed as the chairman of the board for the 109-year-old title insurance company.
  • The company's chairman, Parker S. Kennedy, praised Kermott's previous successes and emphasized his commitment to carrying on the company's tradition of strong personal relationships among its people and customers.
  • Kermott began his tenure with First American in 1983 as a law clerk and worked his way up to become president of the company's Arizona division in 1990.
  • The First American Financial Corporation is the nation's leading provider of real estate-related financial and information services, with over 17,000 employees in over 400 branches in the United States and abroad.
  • The company's subsidiaries include First American Title Insurance Company, First American Real Estate Information Services, Inc., First American Home Buyers Protection Corporation, and First American Capital Management.

Statistics:

  • 109 years - the age of the title insurance company
  • 17,000 - the number of employees in the First American Financial Corporation
  • 400 - the number of branches in the United States and abroad
  • 1990 - the year Kermott was named president of the company's Arizona division
  • 1996 - the year Kermott was promoted to executive vice president of the title insurance company
  • 1997 - the year Kermott became director of First American Title Insurance Company

Sources:

  • "First American Title Insurance Company Names Gary L. Kermott President" (PRNewswire)
  • First American Financial Corporation's website (http://www.firstam.com)