Markel Group appoints Brian Costanzo as CFO; Meade Grandis named CAO effective Dec 18, 2023

MARKEL GROUP INC.

CFO Teresa Gendron departing Dec 31, 2023; mutual agreement, no disagreement with financial controls or policies.
Brian Costanzo appointed CFO of Markel Group and continues as CFO of Markel insurance business.
Meade Grandis named Chief Accounting Officer and Controller; 13 years at company.
Costanzo employment agreement: $500k base salary, target bonus 100% of base, equity target 100% of base.
Grandis compensation: $265k base salary, target bonus 65% of base, equity target 35% of base.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Meade P. Grandis

Chief Accounting Officer

MKL · MARKEL GROUP INC.

Effective: 2023-12-18
Filed: December 18, 2023, 6:59 PM ET

Meade P. Grandis, Managing Director, Accounting Policy and Reporting, has been appointed by the Board to serve as Chief Accounting Officer, effective December 18, 2023.

Appointed

Brian J. Costanzo

Chief Financial Officer

MKL · MARKEL GROUP INC.

Effective: 2023-12-18
Filed: December 18, 2023, 6:59 PM ET

Brian J. Costanzo, Senior Vice President, Finance, Chief Accounting Officer and Controller, has been appointed by the Company’s Board of Directors (the Board) to serve as Chief Financial Officer, effective December 18, 2023;

Departed

Teresa S. Gendron

Chief Financial Officer

MKL · MARKEL GROUP INC.

Effective: 2023-12-18
Successor: Brian J. Costanzo
Filed: December 18, 2023, 6:59 PM ET

On December 14, 2023, Teresa S. Gendron, Chief Financial Officer, and the Company mutually agreed on a departure date of December 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Meade P. Grandis was appointed as Chief Accounting Officer at MARKEL GROUP INC..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

Meade P. Grandis, Managing Director, Accounting Policy and Reporting, has been appointed by the Board to serve as Chief Accounting Officer, effective December 18, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian J. Costanzo was appointed as Chief Financial Officer at MARKEL GROUP INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Brian J. Costanzo, Senior Vice President, Finance, Chief Accounting Officer and Controller, has been appointed by the Company’s Board of Directors (the Board) to serve as Chief Financial Officer, effective December 18, 2023;

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: mutually agreed on a departure date
Role: Chief Financial Officer

Exact text from the filing

On December 14, 2023, Teresa S. Gendron, Chief Financial Officer, and the Company mutually agreed on a departure date of December 31, 2023.

View on SEC.gov

MARKEL GROUP INC. filing history →

Source: SEC EDGAR

accession 0001096343-23-000222

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.