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Markel reveals CFO succession plan

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Markel Corp. on Friday said that Jeremy A. Noble will succeed Anne G. Waleski as chief financial officer when she leaves the company in the first quarter of 2019.

Over the course of 2018 and the first quarter of 2019, Markel plans to transfer the duties and responsibilities of the CFO to Mr. Noble, the Glen Allen, Virginia-based company said in a statement.

Mr. Noble, 41, has been finance director for Markel International since June 2015. He joined Markel in 2002 before becoming the company's managing director of internal audit in 2011.

“Jeremy is a great choice for the role of chief financial officer," Richard R. Whitt III, the company's co-CEO, said in the statement. "He possesses a wealth of knowledge and experience across the various disciplines of accounting, audit and finance, as well as deep understanding of our various operations, both domestically and internationally.”

Ms. Waleski has been CFO since 2010, and was promoted to executive vice president in 2014 after joining the Markel in 1993 and being named treasurer in 2003.

"Anne and I have worked closely together almost from the day she joined Markel,” Mr. Whitt said. “I want to thank Anne for her willingness to work with Jeremy and our finance team over the next year to assure a smooth transition.”