First American Financial Corp. appointed Marsha Spence to the company’s board of directors. Her 45-year career in the title industry includes several leadership roles with Mother Lode Holding Co.
First American acquired Mother Lode and its 17 operating subsidiaries on May 2.
“I’m very pleased to welcome Marsha to First American’s board,” First American Chairman Dennis Gilmore said in a release. “Her deep industry knowledge and experience leading a highly successful, forward-looking title business will further augment our strong board, providing valuable insight as the company leads the digital transformation of the title and settlement industry.”
Spence played a key role in driving Mother Lode Holding Co.’s growth, expanding its number of offices from 35 when she was named CEO in 2001 to 92 offices across multiple states today. She currently serves as chairman of the board of Mother Lode and previously held the combined role of chairman and CEO for 15 years. She joined Placer Title Co., Mother Lode’s principal subsidiary, in 1977.
Spence also served on the California Land Title Association Board of Governors for 10 years and was president of the board from 2005-2006.