RICHMOND, Va., Feb. 7, 2023 /PRNewswire/ -- Markel
Corporation (NYSE: MKL) announced today that Teri Gendron will become its next Chief
Financial Officer effective March 20,
2023, succeeding Jeremy Noble
who became President of Markel's insurance operations earlier this
year.
Gendron comes to the role with a substantial track record
leading high-performing finance organizations. Most recently, she
was Chief Financial Officer of Jefferies Financial Group Inc., and
she has also held senior finance positions at Gannett Co. and NII
Holdings. She began her career at KPMG.
"We knew that it wouldn't be easy to find the right person for
this role," said Markel Chief Executive Officer Tom Gayner. "The pool of finance leaders with
experience supporting a group of businesses and investments as
diverse as ours is somewhat limited, and to find someone who also
shares our commitment to success, management style, sense of humor,
and other cultural values, well that's priceless to us. We are
thrilled for Teri to join the team."
As Chief Financial Officer, Gendron will work with leaders and
teams across Markel's three engines of insurance, investments, and
Markel Ventures to oversee and manage all aspects of the holding
company's financial operations, including financial reporting,
accounting, tax, treasury, and internal audit. She will report to
Gayner and will work from Markel's global headquarters in
Glen Allen, Virginia.
"I have great respect and admiration for Markel," said Gendron.
"From the design of the company that creates the opportunity for
steady investment and growth, to the culture focused on winning
over the long term, Markel is just the type of place that I
will enjoy calling home. I'm honored to be a part of it and can't
wait to join the team."
Gendron holds an MBA from Georgetown
University and a B.S. from the University of Virginia.
About Markel
Markel Corporation is a diverse
financial holding company serving a variety of niche markets. The
company's principal business markets and underwrites specialty
insurance products. In each of the Company's businesses, it seeks
to provide quality products and excellent customer service so that
it can be a market leader. The financial goals of the company are
to earn consistent underwriting and operating profits and superior
investment returns to build shareholder value. Visit Markel on the
web at markel.com.
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