NU Online News Service, May 11, 2:21 p.m. EDT

Specialty insurer Markel announced the creation of a three member office of the president with two executives assuming the title of co-chief operating officer.

The Richmond, Va.-based insurer named Thomas S. Gayner president and chief investment officer. Appointed president and co-chief operating officer were F. Michael Crowley and Richard R. Whitt III.

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