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Planting Long-Term Investment Seeds with Markel Group CEO Tom Gayner

Planting Long-Term Investment Seeds with Markel Group CEO Tom Gayner

FromRedefiners


Planting Long-Term Investment Seeds with Markel Group CEO Tom Gayner

FromRedefiners

ratings:
Length:
35 minutes
Released:
Oct 18, 2023
Format:
Podcast episode

Description

What do you get when you combine values-centered leadership with a long-term view of investing? In Tom Gayner’s case, you get an incredible recipe for success! As CEO of Markel Group, Tom helped grow the company over three decades from a relatively small insurance company into the diversified global conglomerate it is today. No wonder Markel Group is often called a "Baby Berkshire." In this conversation, Tom shares his career journey from teenage investor to CEO and how he dealt with various challenges along that path. He’ll talk about how the Markel Style crafted in 1986 has been so critical to their success and continues to serve as the organization’s north star today. Key to that success, Tom shares Markel’s four criteria they use to make investment decisions, including how to define a fair price on a deal. He also talks about his view on the pendulum of investment optimization versus satisfaction. And if you ever wondered how the low interest rates of the past decade encouraged risky decisions, you won’t want to miss Tom’s insightful analogy of interest rates as a form of curfew. So enjoy this episode and get to bed at a reasonable hour!  We’ll also hear from Kurt Harrison, a Managing Director in Russell Reynolds Associates New York office. Kurt digs into our latest Divides & Dividends report to explain why even though sustainability progress is being made, there are four sustainability gaps CEOs must bridge.  If you enjoyed this episode, you might also like these Redefiners episodes: 

From Server to COO: Kat Cole’s Journey to the Top 
Sunscreen and Success: Supergoop!'s Winning Formula with CEO Amanda Baldwin 
Common Sense is Very Uncommon: A Conversation with Corporate Sage Ram Charan 
Released:
Oct 18, 2023
Format:
Podcast episode

Titles in the series (70)

Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates consultant Nanaz Mohtashami and CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who share their insights and perspectives on how they lead, boldly. You’ll come away with fresh ideas and tangible takeaways on how you can redefine your own leadership trajectory – no matter where you are on your journey.    Our Hosts: Clarke Murphy  Clarke Murphy is the Chief Executive Officer of Russell Reynolds Associates and serves on the Board of Directors. Prior to his appointment as CEO, he was the Global Leader of the firm's CEO/Board Services Practice.​  While at Russell Reynolds Associate​s, Clarke has conducted a number of significant projects in the industry, including Fortune 100 board searches and CEO successions. In addition, he has led notable searches in​​ the private equity industry including searches ​for the Carlyle Group and Warburg Pincus. Nanaz Mohtashami Nanaz Mohtashami is Managing Director at Russell Reynolds Associates, a core member of the firm’s Healthcare Sector, and leads the Medtech Practice in Europe. She devises global strategies for healthcare clients across devices, diagnostics, and pharma, as well as for private equity clients around the world. Nanaz focuses on leadership assignments at the executive and non-executive levels, tackling a wide array of senior talent issues such as succession, development, team effectiveness, and more. She is based in London but spends a significant amount of her time across Europe and the United States.