"This is an exciting time for Markel," said Gayner. "Since our founding in 1930, each evolution and every leadership transition has reinforced the role that culture plays in our success. The Markel Style is more than just words on a page, it's who we aspire to be. We applaud Richie for his role in upholding the Style throughout his time at Markel. We are going to deeply miss him and what he has meant to this organization, and we wish him well in his retirement."