Markel executive chairman Alan Kirshner to retire
Markel Corporation announced that Alan I. Kirshner, the company's Executive Chairman and Chairman of the Board, informed the company that he will not stand for re-election at the company's 2020 Annual Meeting of Shareholders scheduled to be held May 11, 2020. Kirshner will retire as a director and officer of the company at the end of the meeting. Markel also announced that the Board of Directors selected current Board Member and Vice Chairman Steven A. Markel to succeed Kirshner as the next Chairman of the Board. The Board has named Alan to the honorary position of "Chairman Emeritus" of the Board upon retiring from his leadership positions in May of next year. "I'm grateful to have had the opportunity to serve as Chairman of Markel these last 33 years, working alongside terrific leaders and great employees, all of whom come to work each day determined to build one of the world's great companies," Kirshner said. "This coming year I'll celebrate both my 85th birthday and 60th anniversary at Markel, and believe these milestones mark the perfect time for me to retire from the Board and pass on the Chairman role to another proven leader, my good friend and long-time colleague, Steve Markel."