About Berkshire Hathaway Inc.

Company Description:


Berkshire Hathaway Inc. is a multinational conglomerate holding company that oversees and manages a number of subsidiary companies. The company engages in a diverse range of business activities, including insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services.

Berkshire Hathaway was founded by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. In 1955, Berkshire Fine Spinning Associates merged with the Hathaway Manufacturing Company to form Berkshire Hathaway. Currently, the company is headquartered in Omaha, Nebraska, United States.


Main Product(s):


Berkshire Hathaway's main products and services span multiple sectors, with a focus on insurance through companies like GEICO, General Re, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Other notable holdings include BNSF Railway, Berkshire Hathaway Energy, McLane Company, and numerous manufacturing, service, and retail businesses.


Short History of Berkshire Hathaway Inc.:


  • 1839 – The company's precursor, Valley Falls Company, was founded.
  • 1955 – Berkshire Fine Spinning Associates merged with Hathaway Manufacturing Company.
  • 1962 – Warren Buffett began buying stock in Berkshire Hathaway.
  • 1964 – Buffett took control of Berkshire Hathaway.
  • 1980s-1990s – The company diversified into insurance and other sectors.
  • 2000s – Continued expansion into various industries, including the purchase of BNSF Railway.
  • 2010s-Present – Further growth through acquisitions and investments in various sectors.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Warren E. BuffettChairman, CEO & President401.59kN/A1930
Mr. Charles Thomas MungerExecutive Vice Chairman100kN/A1924
Mr. Marc David HamburgSenior VP, CFO & Secretary3.58MN/A1950
Mr. Ajit JainVice Chairman of Insurance Operations & Director19.02MN/A1952
Mr. Gregory Edward AbelVice Chairman of Non Insurance Operations & Director19.02MN/A1962
Mr. Daniel Jerome JaksichVP, Controller & Principal Accounting OfficerN/AN/AN/A
Kerby S. HamTreasurerN/AN/AN/A
Mr. Peter James EastwoodCEO & President of Specialty InsuranceN/AN/AN/A
Ms. Kara Lee RaiguelCEO & President of General Re UnitN/AN/AN/A

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