Markel Group: Vice Chairman Tony Markel to retire in May 2025; Jon Michael appointed to board

MARKEL GROUP INC.

Tony Markel, Vice Chairman, will retire as director at May 21, 2025 annual meeting and become Chairman Emeritus.
Jon Michael, former RLI Corp. CEO (2001-2021), appointed to board effective March 15, 2025.
Michael's director compensation includes pro-rata retainer of $18,333 and restricted stock grant of ~$27,500.
Markel non-employee directors receive annual retainer $110,000, restricted stock ~$165,000, 10% ESPP discount, $15,000 charitable match.

item 5.02 item 9.01

Executive movements

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

Departed

Anthony F. Markel

Director

MKL · MARKEL GROUP INC.

Effective: 2025-05-21
Filed: March 17, 2025, 7:59 PM ET

Anthony F. Markel informed the Company on March 14, 2025 that he will not stand for re-election as a director at the Company's 2025 Annual Meeting of Shareholders scheduled to be held May 21, 2025. Mr. Markel will retire as a director of the Company at the end of the meeting.

Appointed

Jonathan E. Michael

Director

MKL · MARKEL GROUP INC.

Effective: 2025-03-15
Filed: March 17, 2025, 7:59 PM ET

On March 17, 2025, Markel Group also announced the appointment of Jonathan E. Michael to the Company's Board of Directors (the Board), effective March 15, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony F. Markel departed as Director at MARKEL GROUP INC..

Action: retire
Role: Director

Exact text from the filing

Anthony F. Markel informed the Company on March 14, 2025 that he will not stand for re-election as a director at the Company's 2025 Annual Meeting of Shareholders scheduled to be held May 21, 2025. Mr. Markel will retire as a director of the Company at the end of the meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan E. Michael was appointed as Director at MARKEL GROUP INC..

Action: appointed
Role: Director

Exact text from the filing

On March 17, 2025, Markel Group also announced the appointment of Jonathan E. Michael to the Company's Board of Directors (the Board), effective March 15, 2025.

View on SEC.gov

MARKEL GROUP INC. filing history →

Source: SEC EDGAR

accession 0001096343-25-000038

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