Markel appoints Teri Gendron as CFO effective March 20, 2023

MARKEL GROUP INC.

Gendron most recently CFO of Jefferies Financial Group (2014-2023); starts at Markel on March 20, 2023.
Compensation: base salary ≥$650K, cash bonus target ≥100% of base salary, equity target ≥150% of base salary.
Sign-on bonus of $395,000 with two-year retention clause; relocation package provided.
Succeeds Jeremy Noble, who earlier became President of Markel's insurance operations.
Gendron holds MBA from Georgetown, B.S. from UVA, and is a CPA.

item 5.02 item 9.01

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Appointed

Teresa S. Gendron

Chief Financial Officer

MKL · MARKEL GROUP INC.

Effective: 2023-03-20
Filed: February 7, 2023, 6:59 PM ET

On February 7, 2023, Markel Corporation (the Company) announced that Teresa S. Gendron will become the Company’s new Chief Financial Officer effective March 20, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Teresa S. Gendron was appointed as Chief Financial Officer at MARKEL GROUP INC..

Action: will become
Role: Chief Financial Officer

Exact text from the filing

On February 7, 2023, Markel Corporation (the Company) announced that Teresa S. Gendron will become the Company’s new Chief Financial Officer effective March 20, 2023.

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MARKEL GROUP INC. filing history →

Source: SEC EDGAR

accession 0001096343-23-000009

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