Sundar PichaiSundar Pichai earned $164M in 2023
M

Thomas S. Gayner

CEO of Markel

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Economy Sector

Financial Services

Current Tenure

9 years 1 month (Jan 2016 - Present)

Previous Experience

Chief Investment Officer

Thomas S. Gayner has been at the helm of Markel Group Inc. since 2016, steering the company through various market conditions with a focus on long-term growth and performance. His approach to leadership emphasizes aligning executive compensation with the interests...

Year

2023

Total Compensation

$7.50M

Salary

$1.05M

Board Justification

The compensation philosophy emphasizes long-term performance, ownership mentality, and pay for performance, aligning executive compensation with shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$56.18K

Board Justification

Includes 401(k) match, life insurance premiums, and matching gifts.

Restricted Stock

$6.39M(4.5K RSU)

Board Justification

4,500 RSUs vested in 2023, with a fair market value of $1,419.90 per share on the vesting date.

Performance Metrics

Performance metrics include the compound annual growth rate (CAGR) in the Company’s book value per share and total shareholder return over a five-year period.