Markel Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Tom Gayner (61 yo)
6.5yrs
Tenure
US$4,624,603
Compensation
Mr. Thomas Sinnickson Gayner, also known as Tom, serves as Chief Executive Officer at Markel Corporation since January 1, 2023 and was its Co-Chief Executive Officer since January 1, 2016 until January 1,...
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | -US$126m |
| Jun 30 2022 | n/a | n/a | US$35m |
| 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 |
| Sep 30 2017 | n/a | n/a | US$65m |
| Jun 30 2017 | n/a | n/a | US$406m |
| Mar 31 2017 | n/a | n/a | US$338m |
| Dec 31 2016 | US$2m | US$808k | US$440m |
Compensation vs Market: Tom's total compensation ($USD4.62M) is below average for companies of similar size in the US market ($USD12.57M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.083yr | US$4.62m | 0.35% $ 61.6m | |
| President of Global Insurance Engine | 0.083yr | US$1.75m | 0.0049% $ 859.2k | |
| Executive Vice President | 0.75yr | US$1.41m | 0.0091% $ 1.6m | |
| Managing Director of Investments | 1.08yrs | no data | no data | |
| Chief Accounting Officer | 1.5yrs | no data | 0.0033% $ 571.6k | |
| Senior VP | 8.67yrs | US$1.23m | 0.010% $ 1.8m | |
| Deputy Chief Communications Officer | 3.08yrs | no data | no data | |
| Managing Director of Marketing | no data | no data | no data | |
| Vice President of Sales & Business Development | 4.08yrs | no data | no data | |
| Executive Director of Programs and Alliances - Markel Specialty | no data | no data | no data | |
| Chief Territory Officer of East for Markel Specialty | 2.92yrs | no data | no data | |
| Senior Managing Director of Product Line Leadership Team | 6.33yrs | no data | no data |
2.2yrs
Average Tenure
46yo
Average Age
Experienced Management: MKL's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.5yrs | US$4.62m | 0.35% $ 61.6m | |
| Lead Independent Director | 9.75yrs | US$273.56k | 0.023% $ 4.1m | |
| Chairman Emeritus | 2.75yrs | US$1.47m | no data | |
| Chairman of the Board | 45.08yrs | US$1.24m | 0.68% $ 119.4m | |
| Director | 45.08yrs | US$689.67k | 0.63% $ 109.6m | |
| Independent Director | 9.75yrs | US$285.23k | 0.021% $ 3.7m | |
| Independent Director | 2.25yrs | US$243.49k | 0.0039% $ 680.3k | |
| Director | 6.5yrs | US$4.62m | 0.062% $ 10.9m | |
| Independent Director | 3.08yrs | US$225.51k | 0.0043% $ 754.0k | |
| Independent Director | 1.75yrs | US$235.23k | 0.0018% $ 308.6k | |
| Independent Director | 4.75yrs | US$245.79k | 0.014% $ 2.5m | |
| Independent Director | 2.5yrs | US$245.79k | 0.0074% $ 1.3m |
5.6yrs
Average Tenure
63yo
Average Age
Experienced Board: MKL's board of directors are considered experienced (5.6 years average tenure).