Markel Group Management
Management criteria checks 3/4
Markel Group's CEO is Tom Gayner, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $8.07M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth $93.41M. The average tenure of the management team and the board of directors is 3.3 years and 4.8 years respectively.
Key information
Tom Gayner
Chief executive officer
US$8.1m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
If EPS Growth Is Important To You, Markel Group (NYSE:MKL) Presents An Opportunity
Nov 22
Markel Stock: High-Quality At A Discount
Oct 14Markel: Remains A Long Term Buy
Sep 25Markel Group's Q2: Nearly A Century Of Growth Facing Modern Headwinds
Aug 22Markel Group: Higher-For-Longer Interest Rates Are Increasing Profitability
Jun 02The Price Is Right For Markel Group Inc. (NYSE:MKL)
May 22Markel: Buybacks Are A Good Sign
Mar 05Markel: Listening To Warren Buffett And Being Cautious
Feb 16Markel: I Still See Value In The Long Term
Feb 05Markel Group: Soaring Investment Income And Value
Jan 22Revenues Tell The Story For Markel Group Inc. (NYSE:MKL)
Dec 31Markel: A Hiccup In The Insurance Engine, I'm Still Holding
Dec 06Markel Group: Outstanding Business For 2024 And Beyond
Nov 24Markel Set To Resume Historical Growth Rate As Headwinds Subside
Sep 20Markel Group: A Specialty Insurance Company With A Long-Term Growth Potential
Sep 13Markel: An Undervalued Financial Holding Company
Jul 04Markel Corporation: Calculating The Mathematical Value
Feb 03Markel: A Buffett-Like Wealth Compounder
Jan 27Markel Q3 2022 Earnings Preview
Oct 31Markel: A Win-Win-Win Stock Everyone Should Own
Sep 05Markel Q2 2022 Earnings Preview
Aug 02Markel: Buy This Profitable Company Before It Is Too Late
Jun 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$8m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$269m |
| Dec 31 2022 | US$4m | US$1m | -US$322m |
| Sep 30 2022 | n/a | n/a | -US$130m |
| Jun 30 2022 | n/a | n/a | US$36m |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$5m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$1m | US$769m |
| Sep 30 2020 | n/a | n/a | US$451m |
| Jun 30 2020 | n/a | n/a | US$215m |
| Mar 31 2020 | n/a | n/a | -US$193m |
| Dec 31 2019 | US$5m | US$1m | US$2b |
| Sep 30 2019 | n/a | n/a | US$539m |
| Jun 30 2019 | n/a | n/a | US$743m |
| Mar 31 2019 | n/a | n/a | US$521m |
| Dec 31 2018 | US$4m | US$981k | -US$133m |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$382m |
| Mar 31 2018 | n/a | n/a | US$248m |
| Dec 31 2017 | US$3m | US$950k | US$362m |
Compensation vs Market: Tom's total compensation ($USD8.07M) is below average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
CEO
Tom Gayner (63 yo)
1.9yrs
Tenure
US$8,068,291
Compensation
Mr. Thomas Sinnickson Gayner, also known as Tom, is Independent Director of Graham Holdings Company from January 18, 2007. He is Member of the Investment Advisory Committee of Virginia Retirement System. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Investment Officer | 1.9yrs | US$8.07m | 0.42% $ 93.4m | |
| CFO & Chief Financial Officer of Markel Insurance Operations | less than a year | US$915.94k | 0.0035% $ 777.6k | |
| Executive VP & COO | less than a year | US$3.35m | 0.013% $ 2.9m | |
| Senior VP | 10.5yrs | US$2.12m | 0.012% $ 2.8m | |
| President of Markel Insurance Operations & President of Global Insurance Engine | 1.9yrs | US$3.35m | 0.013% $ 2.8m | |
| Chief Accounting Officer & Controller | less than a year | no data | 0.023% $ 5.0m | |
| Deputy Chief Communications Officer | 4.9yrs | no data | no data | |
| Managing Director of Marketing | no data | no data | no data | |
| Vice President of Sales & Business Development | 5.9yrs | no data | no data | |
| Executive Director of Programs and Alliances - Markel Specialty | no data | no data | no data | |
| Chief Retail Officer | 4.8yrs | no data | no data | |
| Chief Wholesale Officer | 4.8yrs | no data | no data |
3.3yrs
Average Tenure
48yo
Average Age
Experienced Management: MKL's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Investment Officer | 8.3yrs | US$8.07m | 0.42% $ 93.4m | |
| Lead Independent Director | 11.6yrs | US$335.02k | 0.028% $ 6.2m | |
| Chairman Emeritus | 4.6yrs | US$1.47m | no data | |
| Chairman of the Board | 46.9yrs | US$1.24m | 0.64% $ 142.9m | |
| Vice Chairman | 46.9yrs | US$689.67k | 0.58% $ 128.7m | |
| Independent Director | 4.1yrs | US$301.69k | 0.0075% $ 1.7m | |
| Independent Director | 4.9yrs | US$280.58k | 0.0069% $ 1.5m | |
| Independent Director | 3.6yrs | US$289.47k | 0.0049% $ 1.1m | |
| Independent Director | 6.6yrs | US$299.61k | 0.019% $ 4.2m | |
| Independent Director | 4.3yrs | US$301.69k | 0.012% $ 2.8m | |
| Independent Director | 3.1yrs | US$301.69k | 0.0056% $ 1.2m | |
| Independent Director | 1.6yrs | US$289.19k | 0.0058% $ 1.3m |
4.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MKL's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Markel Group Inc. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Robert Farnam | Boenning & Scattergood, Inc. |
| Jay Cohen | BofA Global Research |