Eagle 2018 Leadership Changes

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Eagle Construction of VA, LLC, a wholly-owned subsidiary of Markel Ventures, announced today that Josh Goldschmidt, Executive Vice President of Eagle Construction, has been promoted to President, Eagle Construction, and assumes day-to-day management and operational responsibility for all of Eagle’s homebuilding activities.

Eagle also announced that Richard (Ricky) E. Core, Jr. has been named the Vice Chairman and Chief Financial Officer of the Company. In addition to financial management of the organization, Mr. Core will be responsible for coordinating the company’s overall business operations, including land development and the firm’s subsidiaries, with its strategic goals. Mr. Core will also remain a Principal of Markel|Eagle Partners, LLC, the real estate investment management partnership with Markel Ventures.

Messrs. Goldschmidt and Core will continue to report to Bryan Kornblau, the Company’s Founder and Chairman, who will continue to focus on long-term strategic planning and development for the Company. Mr. Kornblau will also remain in his role as President of Markel|Eagle Partners, LLC. Goldschmidt joined Eagle in 2008 and held several positions in new homes Sales and Marketing department. In January 2016, he was named Executive Vice President of Eagle adding responsibilities for the company’s Pre-Construction Services, Field Operations, and Warranty departments.

Core rejoined Markel|Eagle in 2011 as its Vice President and was promoted to a Principal in 2012.

Steve Settlage, Eagle Construction’s preceding President previously informed the Company of his plan to step down on December 31, 2017. During 2017, Mr. Settlage transitioned his duties and responsibilities of the Company to Messrs. Goldschmidt and Core. Beginning in 2018, Mr. Settlage has agreed to consult for the Company.

Eagle Construction of VA, commonly known as Eagle, and its subsidiaries (including Eagle Commercial Construction, Eagle Commercial Realty, Innslake Title, and Precision Realty) is a fully-integrated real estate firm with business lines in homebuilding, land development, commercial construction, commercial property management, a full-service title agency, and residential realty brokerage.

Markel Ventures, a wholly-owned subsidiary of Markel Corporation (NYSE: MKL), owns and operates a family of companies outside the insurance industry, employing nearly 12,000 people across the manufacturing, consumer, business services, financial services, and healthcare sectors. Each of its businesses operates independently yet retains the benefit of the sound foundation of the Markel Corporation.