---
schema_version: "secwatch.filing_event.v1"
accession: "0001096343-21-000145"
form_type: "8-K"
ticker: "MKL"
cik: "0001096343"
company_name: "MARKEL GROUP INC."
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-28T23:45:37.046715+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Markel enters amended employment agreements; CFO Noble's severance extended to 24 months

## Summary
- Amended agreements effective Oct 1, 2021 for Co-CEOs Gayner/Whitt, President Cox, CAO Kiscaden, CFO Noble, and CLO Grinnan.
- Initial term through Dec 31, 2024, auto-renew annually unless 90-day non-renewal notice given.
- CFO Jeremy Noble's severance benefits increased from 12 to 24 months of base salary and health coverage.
- Base salaries, target cash bonus percentages, and equity award targets unchanged from 2021 proxy.
- Agreements include confidentiality, 12-month non-compete/non-solicitation, and standard termination provisions.

## SEC filing metadata
- accession: 0001096343-21-000145
- form_type: 8-K
- ticker: MKL
- cik: 0001096343
- company_name: MARKEL GROUP INC.
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096343/000109634321000145/0001096343-21-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096343/000109634321000145/mkl-20211001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096343-21-000145
- JSON: https://secwatch.observer/filing/0001096343-21-000145.json
- Plain text: https://secwatch.observer/filing/0001096343-21-000145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
