Markel Group: Pay

Markel Group paid its 4 named executives $26.1M in total in FY2025 (Dec). CEO Thomas S. Gayner was paid $14.1M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Thomas S. GaynerChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Michael R. Heatonformer Executive Vice President and Chief Operating Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Richard R. GrinnanSenior Vice President, Chief Legal Officer and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
4 years
Brian J. CostanzoChief Financial Officer a b c d e f g
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $17.0M. CEO pay of Markel Group for that year is not on file.

  1. 1Aon
  2. 2Chubb
  3. 3DOVER
  4. 4Illinois Tool Works
  5. 5Arch Capital Group
  6. 6Loews
  7. 7Markel GroupNot disclosed
  8. 8American Financial GrpNot disclosed
  9. 9Danaher Corp.Not disclosed
  10. 10Everest Re GrpNot disclosed
  11. 11Fairfax Financial HoldingsNot disclosed
  12. 12Fidelity National FinancialNot disclosed
  13. 13Hartford Financial ServicesNot disclosed
  14. 14KKR & Co.Not disclosed
  15. 15Marsh & McLennanNot disclosed
  16. 16The Carlyle GroupNot disclosed
  17. 17W. R. Berkley Corp.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.