RICHMOND, Va., Dec 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Tony Markel, president and
chief operating officer of Markel Corporation (NYSE: MKL), announced today the
promotion of John Latham to senior vice president in Operations. Latham will
work with Mr. Markel and executive vice president Paul Springman in the
direction of Markel's worldwide insurance company operations. Most recently,
Latham has served as Markel's chief information officer. David Egbert,
currently Markel's chief technical officer, is being promoted to chief
information officer and will report to Latham in his new role.
A newly created Office of Business Development comprised of Letha Heaton,
Brenda Phillips, and Jeff Lamb will also report to John, as his primary focus
will be on business development.
Prior to his position as chief information officer, John Latham was chief
operating officer of Markel Re, a unit formed in 2002 under Latham's
leadership. Prior to that, he had been president and CEO of Colony Insurance
Company. With respect to Latham's new role, Tony Markel said, "With the
promotion of John Latham to his new position, I have every confidence we will
achieve our objectives for the new Office of Business Development. John's
broad portfolio of experience in our industry will serve him well as he
assumes his new responsibilities on our senior management staff."
David Egbert joined Markel in March 2006 as chief technical officer. He
had previously been chief information officer at Viasystems Technologies. Mr.
Latham stated, "David brings a wealth of technology experience to the table
for Markel. Already he has provided good leadership in how we employ
technology to support our business partners."
Markel Corporation markets and underwrites specialty insurance products
and programs for a variety of niche markets. In each of these markets, the
Company seeks to provide quality products and excellent customer service so
that it can be a market leader. The financial goals of the Company are to earn
consistent underwriting profits and superior investment returns to build
Visit Markel Corporation on the web at http://www.markelcorp.com.
Letha E. Heaton
Gail A. Strejc
Both of Markel Corporation