RICHMOND, Va. - Alan Kirshner, the former Chairman and Chief Executive Officer of Markel Group Inc. (NYSE: NYSE:MKL), passed away at the age of 88 on Saturday. Kirshner's career at Markel began in 1960, and his leadership was instrumental in the company's expansion from a regional insurance firm to a global conglomerate.
Kirshner's tenure as CEO from 1986 to 2015 coincided with Markel's transition to a publicly-traded company. Under his guidance, Markel experienced significant growth, with its workforce expanding from fewer than 300 to over 20,000 associates. After stepping down as CEO, Kirshner continued to contribute to the company as Executive Chairman and later as Chairman Emeritus.
Tom Gayner, the current CEO of Markel, expressed his deep respect for Kirshner's legacy, emphasizing his dedication to building a company that values kindness and respect. Kirshner's influence extended beyond corporate growth; he was known for his community contributions, including founding the Faison School for autistic children and the Partnership for the Future program.
Kirshner also authored the Markel Style, a cultural creed that has defined the company's values since 1986. His commitment to excellence, honesty, and community engagement are hallmarks of the Markel culture that remain central to the company's identity.
Vice Chairman Tony Markel and Chairman Steve Markel shared their personal remembrances of Kirshner, highlighting his leadership qualities and the enduring impact of his principles on the organization.
Markel Group, with its diverse portfolio ranging from specialty insurance to various other industries, credits its sound underwriting and strategic investments for its resilience and adaptability. The company emphasizes the Markel Style as a guiding force for its leadership teams across its family of businesses.
This article is based on a press release statement from Markel Group.
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