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Berkshire Hathaway Inc (BRKb.N)

BRKb.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Warren Buffett

88 1970 Chairman of the Board, Chief Executive Officer

Charles Munger

95 1978 Vice Chairman of the Board

Marc Hamburg

70 2017 Chief Financial Officer, Senior Vice President

Gregory Abel

56 2018 Vice Chairman – Non Insurance Operations, Director

Ajit Jain

67 2018 Vice Chairman – Insurance Operations, Director

Howard Buffett

64 1993 Director

Ronald Olson

77 1997 Director

Stephen Burke

60 2009 Independent Director

Susan Decker

56 2007 Independent Director

William Gates

63 2005 Independent Director

David Gottesman

93 2003 Independent Director

Charlotte Guyman

62 2003 Independent Director

Thomas Murphy

93 2003 Independent Director

Walter Scott

87 1988 Independent Director

Meryl Witmer

57 2013 Independent Director

Biographies

Name Description

Warren Buffett

Mr. Warren Edward Buffett is Chairman of the Board, Chief Executive Officer of the Company. He has been a director and the controlling shareholder of the Corporation since 1965 and has been its Chairman and Chief Executive Officer since 1970. Mr. Buffett was a director of The Kraft Heinz Company until April 2018. Additional Qualifications: Warren Buffett brings to the Board his 49 years of experience as Chairman and Chief Executive Officer of the Corporation.

Charles Munger

Mr. Charles T. Munger is Vice Chairman of the Board of the Company since 1978. Between 1984 and 2011, he was Chairman of the Board of Directors and Chief Executive Officer of Wesco Financial Corporation, approximately 80%-owned by the Corporation during that period. He also served as President of Wesco Financial Corporation between 2005 and 2011. Mr. Munger is also Chairman of the Board of Directors of Daily Journal Corporation, a director of Costco Wholesale Corporation and Chairman of the Board of Trustees of Good Samaritan Hospital. Additional Qualifications: Charles Munger brings to the Board his 40 years of experience as Vice Chairman of the Corporation.

Marc Hamburg

Gregory Abel

Mr. Gregory E. Abel is Vice Chairman – Non Insurance Operations, Director of the Company. Between 2008 and January 9, 2018, Mr. Abel served as the Chief Executive Officer of Berkshire Hathaway Energy Company (“BHE”), a 90.9% owned subsidiary of Berkshire. In 2011, Mr. Abel was elected as BHE’s Chairman and was elected its Executive Chairman on January 10, 2018. Mr. Abel also serves as a director of the The Kraft Heinz Company and AEGIS Insurance Services Inc., a provider of property and liability insurance for the energy industry. Additional Qualifications: Gregory Abel brings to the Board his 26 years of experience in various positions at BHE, including serving as its CEO. He also brings to the board his experience as a director of The Kraft Heinz Company.

Ajit Jain

Mr. Ajit Jain is Vice Chairman – Insurance Operations, Director the Company. He has been employed by the Berkshire Hathaway Insurance Group since 1986 and has been an Executive Vice President of National Indemnity Company, a wholly owned Berkshire subsidiary, since 1996. Mr. Jain is a Trustee of Rockefeller University, a leading biomedical research university. Additional Qualifications: Ajit Jain brings to the Board his 32 years of experience in managing Berkshire’s reinsurance operations, one of its most important businesses. During this period he has been responsible for overseeing the assessment and pricing of many of the largest and most complex risks ever insured and as a result generating billions of dollars of capital for deployment by the Corporation.

Howard Buffett

Mr. Howard Graham Buffett is Director of Berkshire Hathaway Inc., since 1993. Mr. Buffett is currently Undersheriff of Macon County, Illinois and was its Sheriff between September 2017 and December 2018. Since 2013, Mr. Buffett has been the Chairman and Chief Executive Officer of the Howard G. Buffett Foundation, a charitable foundation that directs funding for humanitarian and conservation related issues. Between 1999 and 2013, he served as the President of the Howard G. Buffett Foundation. He was a director of The Coca-Cola Company until April 2017, Lindsay Corporation until January 2016 and Sloan Implement Company until May 2015. Additional Qualifications: Howard Buffett brings to the Board his experience as the owner of a small business, as a past senior executive of a public corporation, as a director of public corporations and as the Chairman and CEO of a large charitable foundation.

Ronald Olson

Mr. Ronald L. Olson is Director of the Company since 1997. For more than the past five years, he has been a partner in the law firm of Munger, Tolles & Olson LLP. He is a Trustee of Western Asset Trusts and a Trustee of California Institute of Technology. Mr. Olson was also a director of Graham Holdings Company until May 2017. Additional Qualifications: Ronald Olson brings to the Board his experience and expertise in legal issues and corporate governance as a partner of a law firm and as a director of public corporations.

Stephen Burke

Mr. Stephen B. (Steve) Burke is Independent Director of the Company since 2009. Mr. Burke has been the Chief Executive Officer of NBCUniversal and Senior Executive Vice President of Comcast Corporation since January 2011. Prior to that time, from 2004 until January 2011, he was the Chief Operating Officer of Comcast Corporation, and President of Comcast Cable Communications from 1998 until January 2010. He is also a director of JPMorgan Chase & Co. Additional Qualifications: Stephen Burke brings to the Board his experience as a senior executive of a public corporation and his financial expertise as a director of a major banking institution.

Susan Decker

Ms. Susan L. Decker is Independent Director of the Company. She has been a director of the Corporation since 2007. Ms. Decker also serves on the boards of directors of Costco Wholesale Corporation, Vail Resorts, Inc., SurveyMonkey and Vox Media. She is CEO and Founder of Raftr, incorporated in 2018 as an authenticated private social network for university students and administrations. From June 2000 to April 2009, Ms. Decker held various executive management positions at Yahoo! Inc., a global Internet brand, including President (June 2007 to April 2009), head of the Advertiser and Publisher Group (December 2006 to June 2007) and Chief Financial Officer (June 2000 to June 2007). Before Yahoo!, Ms. Decker spent 14 years with Donaldson, Lufkin & Jenrette. She is a Chartered Financial Analyst and served on the Financial Accounting Standards Advisory Council for a four-year term, from 2000 to 2004. Additional Qualifications: Susan Decker brings to the Board her experience as a past senior executive of a public corporation and a director of public corporations and her financial expertise as a former equity securities analyst and a former member of the Financial Accounting Standards Advisory Council.

William Gates

Mr. William Henry (Bill) Gates, III., is Independent Director of the Company since 2005. Mr. Gates currently serves as Co-Chair of the Bill & Melinda Gates Foundation. Mr. Gates is a director of Microsoft Corporation and served as Chairman of the Board from its incorporation in 1981 until February 2014. Mr. Gates is currently a Technology Advisor for Microsoft Corporation and was its Chief Executive Officer from 1981 until January 2000. Additional Qualifications: William Gates brings to the Board his experience and financial expertise as the past chairman of the board of directors and chief executive officer of a public corporation and as the Co-Chair of a major charitable foundation.

David Gottesman

Mr. David S. Gottesman is Independent Director of Berkshire Hathaway Inc., since 2004. For more than the past five years, he has been a principal of First Manhattan Co., an investment advisory firm. Mr. Gottesman is Vice Chairman and a trustee of the American Museum of Natural History and a trustee of Mount Sinai Medical Center. Additional Qualifications: David Gottesman brings to the Board his experience and financial expertise as principal of a private investment manager.

Charlotte Guyman

Ms. Charlotte M. Guyman is Independent Director of Berkshire Hathaway Inc., since 2003. Ms. Guyman is co-founder of BoardReady, a not for profit corporation whose mission is to catapult board diversification through data, experience and network strategies. Ms. Guyman is currently a strategic advisor to Cameoworks, a global retail and financial services advisory firm. She was a general manager with Microsoft Corporation until July 1999. She is a director of Space Needle LLC and Pro.com, a trustee of Save the Children and was former Chairman of the Board of Directors of UW Medicine, an academic medical center. Additional Qualifications: Charlotte Guyman brings to the Board her experience as a past senior executive of a public corporation and her financial expertise as the former chairman of a major academic medical center.

Thomas Murphy

Mr. Thomas S. (Tom) Murphy Jr., is Independent Director of Berkshire Hathaway Inc. He has been retired since 1996. He was Chairman of the Board and Chief Executive Officer of Capital Cities/ABC, Inc. from 1966 to 1990 and from February 1994 until his retirement in 1996. Mr. Murphy is Chairman Emeritus of the Board of Trustees of Save the Children and a trustee of NYU Langone Medical Center. Additional Qualifications: Thomas Murphy brings to the Board his experience and financial expertise as a past chief executive officer of a public corporation and as a past director of public corporations.

Walter Scott

Mr. Walter Scott, Jr., is Independent Director of the Company since 1988. For more than the past five years, he has been a director of Valmont Industries, Inc. Until 2014, Mr. Scott served as Chairman of the Board of Directors of Level 3 Communications, Inc., which engaged in telecommunications and computer outsourcing and was a successor to certain businesses of Peter Kiewit Sons’, Inc. Additional Qualifications: Walter Scott brings to the Board his experience and financial expertise as a past chief executive officer and as a director of both public and private corporations and as chairman of a major charitable foundation.

Meryl Witmer

Ms. Meryl B. Witmer is Independent Director of the Company since 2013. For more than the past five years, Ms. Witmer has been a managing member of the General Partner of Eagle Capital Partners, L.P., an investment partnership. From 1989 through the end of 2000, she was one of two General Partners at Buchanan Parker Asset Management which managed Emerald Partners L.P., an investment partnership. Ms. Witmer is a director of University of Virginia Investment Management Company. Additional Qualifications: Meryl Witmer brings to the Board her experience and financial expertise as a manager of an investment fund.

Basic Compensation

Name Fiscal Year Total

Warren Buffett

388,968

Charles Munger

100,000

Marc Hamburg

2,263,750

Gregory Abel

18,013,800

Ajit Jain

18,013,800

Howard Buffett

3,300

Ronald Olson

3,300

Stephen Burke

3,300

Susan Decker

7,300

William Gates

3,300

David Gottesman

3,300

Charlotte Guyman

7,300

Thomas Murphy

7,300

Walter Scott

3,300

Meryl Witmer

7,300
As Of  31 Dec 2018