Markel announces Bryan Sanders will retire by December 31, 2024, and related leadership appointments USA - English USA - English
virginir.com/10234689

~ Markel Group Inc. (NYSE: MKL) announced today that Bryan Sanders, President of its Markel Specialty division, will be retiring by December 31, 2024. Effective December 1, 2023, Sanders will transition to the role of Chairman, Markel Specialty and Alex Martin, currently Markel's Chief Financial Officer, will become President of Markel Specialty. Brian Costanzo, currently senior vice president and Chief Accounting Officer for Markel Group Inc., will become Chief Financial Officer of Markel.

Jeremy Noble, President of Markel commented on Sanders' retirement saying "Bryan Sanders is retiring after a highly successful insurance career spanning four-plus decades, during which he has led several major initiatives that have transformed our US and Bermuda operations to best meet the needs of our clients."

Sanders has been with Markel since 2013 as part of the Alterra Capital Holdings Ltd. acquisition and has more than 42 years in the insurance industry. Before assuming his current position in 2020 he served as President of Markel Wholesale from 2014 to 2017 and President of Markel Assurance from 2018 to 2020.

More on virginir.com

• Global Patient Organizations Applaud Historic Passage of Integrated Lung Health Resolution at World Health Assembly 78
• Love, Laughter, And Legacy Collide In The Romantic Comedy "different With Me"
• Natalie Jean Releases Heartfelt Tribute Single "What They Didn't See" Honoring Late Friend and Lyricist Michael Peloso
• Business Funding Assist Significantly Expands Funding Solutions, Empowering Businesses Across the U.S. and Canada
• Leadership Expert and Author Adam Holbrook Launches Breakthrough Book: Character Evolution

Martin has been with Markel for 17 years and has held management positions in operations, underwriting, business development, strategy and finance. He is experienced in leading transformation and building high-performing teams while leveraging technology and harnessing data to improve executional capabilities.

Costanzo has been with Markel for 14 years and has held a variety of leadership roles within Finance including operational efficiency and process improvement while leveraging technology.

Additionally within Markel Specialty Guenter Kryszon was named Chief Underwriting Officer and Ryan Oosterheert was named Chief Operations Officer both reporting to Martin. Kryszon brings extensive experience driving growth and profitability through initiatives relating to portfolio optimization while Oosterheert brings more than 20 years of industry experience across underwriting and product management strategy and operations.

Noble concluded by saying "We are grateful to Bryan Sanders for his many contributions including his support for developing an outstanding leadership team at Markel—one that reflects the strength of our people-powered culture." He added "This thoughtful and intentional transition speaks to the depth of talent within Markel." With an exceptional set of leaders across their business Noble is optimistic that they will further strengthen their position in the marketplace as well as execute on their continued transformation as they build the leading global specialty insurer.

---

Show All News | Report Violation