Markel appoints Morgan Housel to board, authorizes $500M stock buyback

MARKEL GROUP INC.

Appointed Morgan Housel as director effective Nov 16, 2021; he is a partner at The Collaborative Fund and author.
Housel will serve on Nominating/Corporate Governance Committee; receive pro-rata retainer of $47,500 and ~$62,500 in restricted stock.
Board authorized new $500M share repurchase program, replacing prior $300M program with ~$180M used through Sept 2021.
New repurchase program has no expiration, allows open market or private transactions including Rule 10b5-1 plans.

item 5.02 item 8.01 item 9.01

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Appointed

Morgan E. Housel

Director

MKL · MARKEL GROUP INC.

Effective: 2021-11-16
Filed: November 16, 2021, 6:59 PM ET

On November 16, 2021, Markel Corporation (the Company) announced the appointment of Morgan E. Housel to the Company's Board of Directors (the Board), effective November 16, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Morgan E. Housel was appointed as Director at MARKEL GROUP INC..

Action: appointed
Role: Director

Exact text from the filing

On November 16, 2021, Markel Corporation (the Company) announced the appointment of Morgan E. Housel to the Company's Board of Directors (the Board), effective November 16, 2021.

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MARKEL GROUP INC. filing history →

Source: SEC EDGAR

accession 0001096343-21-000164

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