Markel names Brian Costanzo CFO

Markel Group announced that Brian Costanzo, currently the Chief Financial Officer of its insurance business, Markel, has been appointed Chief Financial Officer of Markel Group, effective today. He replaces Teri Gendron, who will leave the company on December 31, 2023. Costanzo will also maintain his role as Chief Financial Officer of the insurance business. Markel Group made several changes earlier this year to further define the nature and structure of the holding company. Building on Gendron’s work, Costanzo will play a key role as the company continues this journey to take full advantage of the three-engine system that it built over the past 20 years with its insurance, investment, and Markel Ventures operations. “Brian is a proven leader who will ensure our financial discipline and help drive long-term profitable growth,” said Tom Gayner, Chief Executive Officer. “I want to thank Teri for her contributions in helping us evolve the CFO function at the holding company level.”