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First American Financial will shell out millions in severance to its former CEO after surveillance footage allegedly captured him strangling a barefoot partygoer 

Fortune LogoFortune13h ago

First American Financial will shell out millions in severance to its former CEO after surveillance footage allegedly captured him strangling a barefoot partygoer  - Fortune

Quick Summary:

The board of the $6 billion financial firm showed CEO Kenneth D.

According to the affidavit, the alleged fight between DeGiorgio and a patron at the “On the Rocks” bar aboard the ship happened after Nichol DeGiorgio asked the barefoot patron, who was dancing, to put his shoes back on.

The difference had been listed in the "Disability" column in the original proxy, said Hoffman.“We are looking forward to our next chapter under the strong leadership of Mark Seaton,” said Gilmore in a press 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.


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First American Financial will shell out millions in severance to its former CEO after surveillance footage allegedly captured him strangling a barefoot partygoer  - Fortune (Picture 1)

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Article Details

Author / Journalist: Amanda Gerut

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 07:58:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 933 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 234 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28136898

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 29 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #95

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