Bill Sherakas Promoted to National Marketing and Sales Director for First American


August 12, 2004, SANTA ANA, Calif.

The First American Corporation (NYSE: FAF), the nation’s largest data provider, today announced that Bill Sherakas has been appointed to the newly created position of national marketing and sales director. 

In this new role, Sherakas will coordinate the sales and marketing of First American’s full suite of bundled products to major mortgage lenders. Assisting him in this endeavor will be a centralized team of sales directors with extensive knowledge of First American’s multiple product lines. The team will include Larry Hudnall from the company’s Mortgage Information segment, Tim Kennelly from the company’s Property Information segment, Jason Young from First American Title’s National Lenders Advantage division, and John Heck from First American Fulfillment Solutions.

“As the marketplace becomes increasingly demanding for our lender customers, they are looking to us for comprehensive and cohesive solutions,” said Craig I. DeRoy, senior executive vice president for The First American Corporation. “Presenting a more unified sales approach across all product lines not only makes it easier for our customers to understand First American’s broad menu of services, but it also allows us to better evaluate and anticipate their needs, which serves as the foundation for new product design.  Bill’s proven leadership and the knowledge of the marketplace held by his team will drive the successful design and implementation of bundles for all First American customers.”

Since joining First American 19 years ago, Sherakas has held management positions in operations, customer service, national accounts, sales and corporate communications.  Prior to this appointment, he served as chief client relations officer for the parent company’s Mortgage Information Services Group, a position he had held since June 2000.  Sherakas served as division president of First American Flood Data Services from 1998 through June 2000.

The First American Corporation is a Fortune 500 company that traces its history to 1889. As the nation’s largest data provider, the company supplies businesses and consumers with information resources in connection with the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within six primary business segments, including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $6.21 billion in 2003, First American has 29,000 employees in approximately 1,800 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.

 

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