John T. McGrath named regional vice president of the mid-Atlantic region for ...


January 20, 1999, SANTA ANA, CALIFORNIA

First American Title Insurance Company, one of the nation's largest title insurers, announced today that John T. ("Jack") McGrath has succeeded Robert G. Bannon as regional vice president of the Mid-Atlantic region for First American Title Insurance Company. McGrath, who will work out of the company's regional-state office in Fairfax, Va., will be responsible for management and operations in Maryland, Virginia and Washington, D.C.

Bannon, who had served as regional vice president for Southern New England, New York, and most recently, the Mid-Atlantic region, has transferred to Florida where he will work on national agency accounts with Robert J. Hauser and Kenneth R. Jannen.

McGrath started with First American as a sales representative for the Stamford, Conn., office in 1985. Six years later, he was named regional sales manager. In 1995, he was transferred to the Fairfax, Va., office to accept the additional position of vice president-state manager.

McGrath holds a bachelor of science degree in finance from Southern Connecticut State University, where he also minored in computer science. McGrath currently serves on the board of directors for the Virginia Land Title Association. In addition, he is a former member of the New England Land Title Association and the New England Mortgage Bankers Association. Born in Connecticut, McGrath currently resides in Great Falls, Va., with his wife, Suzanne, and their two children.

"Jack is very popular among our agents and employees," said Gary Kermott, president of First American Title Insurance Company. "He is a strong manager and salesman, and will serve the company very well in his new position."

Bannon, a 34-year veteran of the title industry, started with First American in 1979 as vice president-Connecticut state manager for the Hartford office. Eight years later, he was promoted to regional vice president-Southern New England region. In 1991, Bannon was named president of First American Title Insurance Company of New York, and Northeast regional vice president. Six years later, Bannon relocated to Washington, D.C., to take responsibility for the Mid-Atlantic region. Prior to joining First American, Bannon worked for other title companies in Connecticut.

"Bob has been a very important factor in the growth of our company throughout the East Coast area," said Parker S. Kennedy, chairman of the board for First American Title Insurance Company. "He has been very effective in each of the roles he has played and he has left an important mark on the company. I am pleased Bob will continue to help us with our national agency effort."

Bannon holds a bachelor's degree from Washington & Lee University, and a LL.B. degree from Washington & Lee University School of Law. Bannon is a past president of the New York State Land Title Association, the New England Land Title Association and the Connecticut Title Association.

First American Title Insurance Company, the largest subsidiary of The First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through a network of more than 300 offices and 4,000 agents throughout the United States and abroad. The company has its headquarters in Santa Ana, Calif.

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