Followers | 241 |
Posts | 12150 |
Boards Moderated | 3 |
Alias Born | 04/05/2009 |
Thursday, November 19, 2015 10:24:38 PM
RICHMOND, Va., Nov. 19, 2015 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that, effective January 1, 2016, Thomas S. Gayner, President and Chief Investment Officer, and Richard R. Whitt, III, President and Co-Chief Operating Officer, will serve as Co-Chief Executive Officers of the Company. In addition, F. Michael Crowley, President and Co-Chief Operating Officer, will serve as the sole President of the Company as of the same date. Each of Messrs. Crowley, Gayner and Whitt will continue to report to Alan I. Kirshner, who will serve as the Company's Executive Chairman.
Mr. Kirshner, Markel's Chairman of the Board and Chief Executive Officer, remarked, "Markel is a company 'built to last.' The unanimous decision taken by the Board of Directors today to appoint Tom and Richie as Co-CEOs of the Company effective January 1 sets the stage for Markel's future and builds upon and continues a long tradition of collegial and collaborative leadership, management and decision-making. Though the CEO position will be assumed by both Tom and Richie, who are 53 and 51 years old, respectively, Mike, who is 64 years old, will continue to be an integral part of the executive management team." Mr. Kirshner further commented, "We could not be happier with the character, talent, experience, and vision Mike, Tom and Richie possess and contribute to the Company. We are equally fortunate that the management teams across our organization are filled with exceptional leaders that are executing upon the goals and aspirations of Markel on a daily basis. Our bench is indeed strong and deep."
In addition to serving as Co-Chief Executive Officers of the Company, Mr. Gayner will oversee the Company's investment portfolio and non-insurance operating companies, known as Markel Ventures, and Mr. Whitt will oversee the Company's international insurance and reinsurance operations as well as its underwriting, finance, actuarial, claims, information technology, legal and administrative functions. Mr. Crowley will continue to oversee the Company's global insurance, specialty and wholesale operations and its marketing, human resources and strategic management functions.
As Executive Chairman, Mr. Kirshner will continue to focus on long-term strategic planning and development for the Company.
About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company's principal business markets and underwrites specialty insurance products. In each of the Company's businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at www.markelcorp.com.
http://www.prnewswire.com/news-releases/markel-announces-executive-officer-changes-300182199.html
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Recent MKL News
- Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia • PR Newswire (Canada) • 09/19/2024 01:00:00 AM
- Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia • PR Newswire (US) • 09/19/2024 01:00:00 AM
- Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia • PR Newswire (US) • 09/19/2024 01:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:33:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:31:25 PM
- Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs • PR Newswire (US) • 09/10/2024 09:32:00 AM
- Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs • PR Newswire (Canada) • 09/10/2024 09:30:00 AM
- Markel launches FintechRisk+ to offer enhanced cyber coverage and support services for fintechs • PR Newswire (US) • 09/10/2024 09:30:00 AM
- Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines • PR Newswire (US) • 09/04/2024 08:30:00 PM
- Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines • PR Newswire (Canada) • 09/04/2024 08:30:00 PM
- Jamie Mullarkey named Markel's Global Executive Underwriting Officer for Property and First Party Lines • PR Newswire (US) • 09/04/2024 08:30:00 PM
- Markel appoints Rhys O'Neill as Senior Underwriter, Marine & Energy Liability in International Specialty • PR Newswire (Canada) • 09/03/2024 09:30:00 AM
- Markel appoints Rhys O'Neill as Senior Underwriter, Marine & Energy Liability in International Specialty • PR Newswire (US) • 09/03/2024 09:30:00 AM
- Markel appoints Rhys O'Neill as Senior Underwriter, Marine & Energy Liability in International Specialty • PR Newswire (US) • 09/03/2024 09:30:00 AM
- SageSure Collaborates with Markel to Introduce New Capacity to Expanded Markets Program • Business Wire • 08/27/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:44:14 PM
- Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty • PR Newswire (Canada) • 08/15/2024 07:00:00 AM
- Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty • PR Newswire (US) • 08/15/2024 07:00:00 AM
- Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty • PR Newswire (US) • 08/15/2024 07:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:33:01 PM
- Markel boosts International Casualty team with key appointments • PR Newswire (US) • 08/06/2024 09:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:36:58 PM
- Markel enhances Singapore and Hong Kong presence with strategic hires • PR Newswire (Canada) • 08/05/2024 01:00:00 AM
- Markel enhances Singapore and Hong Kong presence with strategic hires • PR Newswire (US) • 08/05/2024 01:00:00 AM
- Markel enhances Singapore and Hong Kong presence with strategic hires • PR Newswire (US) • 08/05/2024 01:00:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM