William G. Zaenglein, Jr. has retired from his position as corporate counsel ...

January 9, 1992, SANTA ANA, CALIFORNIA

William G. Zaenglein, Jr. has retired from his position as corporate counsel of The First American Financial Corporation (NASDAQ: FAMRA and FAMRB) and its principal subsidiary, First American Title Insurance Company, according to D.P. Kennedy, president of First American Financial. Mark R Arnesen has been promoted into the position. Zaenglein will continue to work with the company on a consultant basis and is temporarily retaining his capacity of corporate secretary until a replacement is determined.

Zaenglein joined First American as corporate counsel in 1969 and became a vice president of the title insurance subsidiary in 1971. Six years later he was appointed secretary.

Before his association with First American, he was with Lear-Siegler Corporation and then Northrop Corporation, both in Anaheim, Calif.

He is a graduate of Yale University where he received his bachelor of arts in 1952 and J.D. in 1955. A native of Orange, New Jersey, Zaenglein has lived in California since 1959 and currently resides in Laguna Beach.

Zaenglein is a member of the California Bar, Federal Bar, District of Columbia Bar and Central District of California Bar. He is a member of the Orange County Bar Association and the American Society of Corporate Secretaries and is listed in Who's Who in American Law.

Arnesen has worked closely with Zaenglein since being hired by First American in 1979 as an assistant counsel. He was promoted to associate counsel in 1982, and made a vice president of First American Title in 1989.

Arnesen received his bachelor's in economics from the University of California, San Diego, in 1974, and his juris doctor from Yale Law School in 1977. Between graduation and joining First American, he was an associate with a law firm in Los Angeles. The California native currently resides in Newport Beach.

The First American Financial Corporation, based in Santa Ana, Calif., operates its title insurance business through its principal subsidiary, First American Title Insurance Company, one of the largest title insurers in the nation. The company offers title services through a network of more than 5,500 offices or agents in all 50 states. It also provides title services abroad in the Bahamas, Bermuda, Canada, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and the United Kingdom.


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