BNET Industries
Last Fiscal Year Sales:$118.2B
- Public
- US
Dow Jones Description
Berkshire Hathaway Inc. is a well diversified company engaged in multiple businesses including property and casualty insurance and reinsurance, and consumer services, products manufacturing, distribution and sales.
Chief Executive Officer & Chairman
Warren E. BuffettNumber of Employees 246,000
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
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Could Sirius XM Survive Without Howard Stern?
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Berkshire Hathaway Receives Antitrust Clearances For Proposed Acquisition Of Burlington Northern Santa Fe
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An ETF for Arbitrage Traders
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Berkshire Sets Meeting on Stock Split
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Give It Up, Cisco
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Capmark to Sell Servicing Unit to Berkadia Venture
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Berkshire Hathaway Sets Jan 20 Meeting To Vote On Stock Split
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Berkshire shareholders to vote on stock split Jan. 20, 2010
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Grain Outlook: Trading ranges cause whiplash
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Berkshire Obtains $8 Bln Unsecured Credit Facility
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Is Mel Karmazin Leaving Sirius XM?
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Billionaires Circling the Waste Industry
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Fyi: Business
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Understanding Goldman Sachs
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Berkshire Hathaway to sell UP, NS shares prior to BNSF buyout
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Research Reports
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Treasury Blocks Fannie Mae Tax Credit Sale
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Electrician places third in State Fair contest
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S&P Puts Berkshire on Watch
News & Analysis
Filter by
agreement and berkshire hathaway inc. - All News and Analysis
Equitas Announces Reinsured Names Consultation.
LONDON, December 13 /PRNewswire/ -- The Board of Equitas and the Equitas Trustees have written to all Reinsured Names announcing three consultation meetings in January. The document also provides further details of the proposed agreement with National Indemnity, a subsidiary of Berkshire...
Select Comfort Announces Agreement with Nebraska Furniture Mart
Furniture Retailer Now Offers Sleep Number[R] Beds MINNEAPOLIS -- Select Comfort Corporation (NASDAQ:SCSS), the nation's leading bed retailer and creator of the Sleep Number([R]) bed, today announced that it has established a retail sales relationship with Nebraska Furniture Mart, one of the Berkshire Hathaway home furnishings businesses, to carry...
Investor Group's Offer Snags Conseco Deal.
By Sheryl Jean, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Mar. 11--The investor group that made an unsuccessful 11th-hour bid to buy bankrupt Conseco Finance Corp. last week still poses a potential threat to the sale of the company. ...
Kemper Cut-Through Agreement With Berkshire Hathaway Subsidiary Now Available
Business Editors
Trenwick Managing Agents Enters Into Agreement With Berkshire Hathaway for 2003 Capacity at Lloyd's
Business Editors
Farm equipment maker CTB International Corp., Milford, Ind., has signed a $180 million agreement to be purchased by Berkshire Hathaway Inc., Omaha, Neb., the investment firm of Warren Buffett
Farm equipment maker CTB International Corp., Milford, Ind., has signed a $180 million agreement to be purchased by Berkshire Hathaway Inc., Omaha, Neb., the investment firm of Warren Buffett. Under terms of the deal, CTB shareholders will receive $12.75 for each of their shares, CTB said in a statement. Berkshire...
Trenwick Managing Agents Enters Into Agreement With Berkshire Hathaway to Increase Capacity at Lloyd's
Business Editors
Level 3 signs agreement to raise USD500 million in new Capital; Longleaf Partners Funds, Berkshire Hathaway and Legg Mason to jointly invest in Level 3.
M2 PRESSWIRE-8 July 2002-Level 3 Communications: Level 3 signs agreement to raise USD500 million in new Capital; Longleaf Partners Funds, Berkshire Hathaway and Legg Mason to jointly invest in Level 3 C1994-2002 M2 COMMUNICATIONS LTD RDATE:07082002 BROOMFIELD, Colo --...
Johns Manville to Be Acquired by Berkshire Hathaway; Announces Agreement to Repurchase Shares From Majority Owner.
DENVER and OMAHA, Neb., Dec 20, 2000 Johns Manville (NYSE: JM) and Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced today that they have approved and entered into a definitive merger agreement pursuant to which Berkshire Hathaway will acquire all of the outstanding shares of...
Frontier announces loss, reinsurance agreement.(with National Indemnity Co)(Brief Article)(Statistical Data Included)
ROCK HILL, N.Y. -- Frontier Insurance Group Inc. reported a large net loss for the first half of 2000, as it announced a reinsurance deal with a Berkshire Hathaway Inc. unit to cover adverse loss development on prior years' business. Frontier recorded a net...
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Board of Directors
| Name (plus bio) | Position |
|---|---|
| Warren E. Buffett | Chief Executive Officer & Chairman |
| Charles T. Munger | Vice Chairman |
| Charlotte Guyman | Board of Directors |
| David S. Gottesman | Board of Directors |
| Donald R. Keough | Board of Directors |
| Howard G. Buffett | Board of Directors |
| Ronald L. Olson | Board of Directors |
| Susan L. Decker | Board of Directors |
| Walter Scott Jr. | Board of Directors |
| William H. Gates | Board of Directors |
Warren E. Buffett, who has been concerned about the threats from weapons of mass destruction for four decades, serves as an Advisor to NTI's Board of Directors. Mr. Buffett is Chairman of the Board and Chief Executive Officer of Berkshire Hathaway Inc., a holding company owning subsidiaries engaged in a number of diverse business activities and controlled by him since 1965. Berkshire Hathaway Inc.'s business activities include the underwriting of property and casualty insurance and a wide variety of manufacturing, retailing and service companies. Mr. Buffett started out as an investment salesman and securities analyst, and early in his career he created his own investment partnership. Mr. Buffett also serves as a Director of The Washington Post Company and is a life trustee of Grinnell College and The Urban Institute. Mr. Buffett attended the Woodrow Wilson High School in Washington, DC, the Wharton School of Business at University of Pennsylvania and in 1950 received his B.S. from the University of Nebraska. He earned his M.S. in Economics from Columbia University in 1951.
| Organization | Position | Status |
|---|---|---|
| Berkshire Hathaway Inc. | Chief Executive Officer & Chairman | Current |
| Grinnell College | Trustee | Current |
| Urban Institute | Trustee | Current |
| The Washington Post Company | Board of Directors | Current |
| Urban Institute | Board of Directors | Current |
| American Academy of Arts and Sciences | Member | Current |
| The Coca-Cola Company | Board of Directors | Former |
| Columbia University | M.S., Economics | Former |
| University of Nebraska | B.S., Economics | Former |
Charles T. Munger has been a director of the Company since January 1997. He is also Vice Chairman of the Board of Berkshire Hathaway Inc., Chairman of the Board of Directors of Daily Journal Corporation, and Chairman of the Board of Directors of Wesco Financial Corporation.
| Organization | Position | Status |
|---|---|---|
| Wesco Financial Corporation | Chairman of The Board of Directors | Current |
| Berkshire Hathaway Inc. | Vice Chairman | Current |
| Antivirusnow.Net | Director | Current |
| Today's Workplace | Director | Current |
| Wesco Financial Corporation | CEO | Former |
| Wesco Financial Corporation | Chief Financial Officer | Former |
| Daily Journal Corporation | Chairman of The Board of Directors | Former |
Charlotte Guyman is vice chair of the UW Medicine Board. She earned both bachelor's and M.B.A. degrees from the UW, was formerly general manager of MSN Internet sales and marketing for Microsoft, and has worked on MSNBC and several Microsoft consumer project lines. Her experience includes development of learning software for adults and children and the pioneering Internet application, Expedia. She has been general manager of Kids and Games software for Microsoft, as well as director of international marketing and director of consumer division marketing. She is a Director for the company Berkshire Hathaway.
| Organization | Position | Status |
|---|---|---|
| UW Medicine | Vice Chair | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Microsoft Corporation | General Manager, MSN Internet Sales | Former |
| Microsoft Corporation | General Manager, Kids and Games Software | Former |
| Microsoft Corporation | Director, International Marketing | Former |
| Microsoft Corporation | Director, Consumer Marketing | Former |
| University of Washington | M.B.A. | Former |
| University of Washington | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| First Manhattan Co. | Principal | Current |
| American Museum of Natural History | Vice Chairman & Trustee | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Allen & Company | Chairman | Current |
| Convera Inc. | Board of Directors | Current |
| The Coca-Cola Company | Board of Directors | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| IAC | Board of Directors | Current |
| Allen & Company | President & Chief Operating Officer | Former |
| Allen & Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Lindsay Manufacturing Company | Board of Directors | Current |
| GSI Group Inc. | Chairman | Former |
| Archer Daniels Midland Co. | Board of Directors | Former |
Ronald L. Olson is a partner in the Los Angeles office of Munger, Tolles & Olson LLP. Mr. Olson has practiced law with the firm since 1968. Mr. Olson also is a director of Berkshire Hathaway, Edison International, City National Corporation, The Washington Post Company, and Western Asset Trusts. He serves as a director of several non-profits, including the RAND Corporation (formerly chair), the Mayo Clinic, the Council of Foreign Relations, Southern California Public Radio (formerly chair), and the California Institute of Technology. He was Chairman of the Board of Trustees of Claremont University Center and Graduate School from 1984-94. Mr. Olson’s practice involves a combination of litigation and corporate counseling. He counsels individual executives and boards of directors in a range of matters, including transaction and corporate governance issues. Throughout his career, Mr. Olson has been the lead partner in numerous high-profile matters where clients have looked to the firm for advice and representation. Mr. Olson also has represented AOL Time Warner in securities actions arising from the merger of AOL and Time Warner; Gemstar-TV Guide International, Inc. in shareholder class actions and derivative cases arising from financial restatements; and Mattel in a lawsuit over “Barbie Doll” rights. Mr. Olson received his B.S. degree from Drake University in 1963, his J.D. degree from the University of Michigan in 1966, and a Diploma in Law from Oxford University, England, in 1967, at which time he was the recipient of a Ford Foundation fellowship. In 1967, Mr. Olson was an attorney for the Civil Rights Division of the Department of Justice and in 1968 clerked for Chief Judge David L. Bazelon, United States Court of Appeals for the D.C. Circuit. Mr. Olson was formerly Chairman of the Standing Committee on Federal Judiciary (1991-92), Chairman of the Litigation Section (1981-82), and Chairman of the Alternative Dispute Resolution Committee (1976-86) of the American Bar Association, and was Vice President of the Board of Governors of the State Bar of California (1986-87). He is a fellow of the American College of Trial Lawyers. Mr. Olson has received a number of awards for public service and pro bono activities.
| Organization | Position | Status |
|---|---|---|
| Munger, Tolles & Olson Llp | Partner | Current |
| Edison Mission Group Inc. | Partner, Munger,Tolles and | Current |
| American College of Trial Lawyers | Fellow | Current |
| Edison Mission Group Inc. | Board of Directors | Current |
| RAND Corporation | Board of Directors | Current |
| Mayo Clinic | Board of Directors | Current |
| American College of Trial Lawyers | Board of Directors | Current |
| Jules Stein Eye Institute | Board of Trustees | Current |
| The American Law Institute | Board of Directors | Current |
| The Washington Post Company | Board of Directors | Current |
| Edison International | Board of Directors | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| California Institute of Technology | Board of Directors | Current |
| City National Corporation | Board of Directors | Current |
| RAND Corporation | Chairman | Former |
| University of Michigan | J.D. | Former |
| Drake University | B.S. | Former |
| University of Oxford | Diploma In Law | Former |
| Organization | Position | Status |
|---|---|---|
| Costco Wholesale Corporation | Board of Directors | Current |
| Intel Corporation | Board of Directors | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Yahoo! Inc. | President | Former |
| Yahoo! Inc. | Executive Vice President & Chief Financial Officer | Former |
| Yahoo! Inc. | Director & Head, APG | Former |
| Donaldson, Lufkin & Jenrette | Global Director, Equity Research | Former |
| Pixar Animation Studios | Board of Directors | Former |
| Stanford Institute for Economic Policy Research | Board of Directors | Former |
| Harvard Business School | MBA | Former |
| Tufts University | BS, Computer Science & Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Midamerican Energy Holdings Company | Board of Directors | Current |
| Valmont Industries, Inc. | Board of Directors | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Level 3 Communications, Inc. | Chairman | Former |
| Level 3 Communications, Inc. | Board of Directors | Former |
| Peter Kiewit Sons', Inc. | Chairman | Former |
| Commonwealth Telephone Enterprises Inc. | Board of Directors | Former |
| Burlington Resources, Inc. | Board of Directors | Former |
William (Bill) H. Gates is chairman of Microsoft Corporation, the worldwide leader in software, services and solutions that help people and businesses realize their full potential. On June 27, 2008, Gates transitioned out of a day-to-day role in the company to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. Gates continues to serve as Microsoft’s chairman and as an advisor on key development projects. In June 2006, Ray Ozzie assumed Gates’ previous title as chief software architect and oversees technical architecture and product oversight responsibilities at Microsoft. Craig Mundie assumed the new title of chief research and strategy officer at Microsoft and is responsible for the company’s research and incubation efforts. Born on Oct. 28, 1955, Gates grew up in Seattle with his two sisters. Their father, William H. Gates II, is a Seattle attorney. Their late mother, Mary Gates, was a schoolteacher, University of Washington regent, and chairwoman of United Way International. Gates attended public elementary school and the private Lakeside School. There, he discovered his interest in software and began programming computers at age 13. In 1973, Gates entered Harvard University as a freshman, where he lived down the hall from Steve Ballmer, now Microsoft's chief executive officer. While at Harvard, Gates developed a version of the programming language BASIC for the first microcomputer - the MITS Altair. In his junior year, Gates left Harvard to devote his energies to Microsoft, a company he had begun in 1975 with his childhood friend Paul Allen. Guided by a belief that the computer would be a valuable tool on every office desktop and in every home, they began developing software for personal computers. Gates’ foresight and his vision for personal computing have been central to the success of Microsoft and the software industry. Under Gates’ leadership, Microsoft's mission has been to continually advance and improve software technology, and to make it easier, more cost-effective and more enjoyable for people to use computers. The company is committed to a long-term view, reflected in its industry-leading investment in research and development each year. In 1999, Gates wrote “Business @ the Speed of Thought”, a book that shows how computer technology can solve business problems in fundamentally new ways. The book was published in 25 languages and is available in more than 60 countries. “Business @ the Speed of Thought” has received wide critical acclaim, and was listed on the best-seller lists of the “New York Times”, “USA Today”, “The Wall Street Journal” and on Amazon.com. Gates' previous book, “The Road Ahead”, published in 1995, was at the top of the “New York Times“ bestseller list for seven weeks. Gates has donated the proceeds of both books to non-profit organizations that support the use of technology in education and skills development. In addition to his love of computers and software, Gates founded Corbis, which is developing one of the world's largest resources of visual information - a comprehensive digital archive of art and photography from public and private collections around the globe. He is also a member of the board of directors of Berkshire Hathaway Inc., which invests in companies engaged in diverse business activities. Philanthropy is very important to Gates. He and his wife, Melinda, started a foundation in 2000 to help reduce inequities in the United States and around the world. The Bill & Melinda Gates Foundation supports philanthropic initiatives in the areas of global health and learning, with the hope that in the 21st century, advances in these critical areas will be available for all people. To learn more about the foundation, visit www.gatesfoundation.org. Gates was married on Jan. 1, 1994, to Melinda French Gates. They have three children. Gates is an avid reader, and enjoys playing golf, tennis and bridge.
| Organization | Position | Status |
|---|---|---|
| Microsoft Corporation | Chairman & Founder | Current |
| Corbis Corporation | Chairman & Founder | Current |
| Bill & Melinda Gates Foundation | Co-Chair | Current |
| Berkshire Hathaway Inc. | Board of Directors | Current |
| Microsoft Corporation | Chief Executive Officer | Former |
| Microsoft Corporation | Chief Software Architect | Former |
Executive News
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Week-ending bull run isn't enough
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Bull run Friday
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GE and Caterpillar Support the DJIA
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Bulls' Friday fever
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Warren Buffett Is a Growth Investor
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Warren Buffett Sells More Moody's (MCO) Stock
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Moody's Downgrades Capmark
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Berkshire Hathaway Sells 794,388 Shares Of Moody's
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UPDATE 1-Moody's, McGraw-Hill hit by free speech loss
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Top US Firms Sitting on $335B in Cash
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Horsham's Capmark gets Buffett behind it
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PhillyDeals: Horsham's Capmark gets Buffett behind it
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Capmark in Berkshire asset deal, may go bankrupt (Reuters)
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Capmark in Berkshire Asset Deal, May Go Bankrupt
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UPDATE: Berkshire, Leucadia In Pact To Buy Capmark Mortgage Operations
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UPDATE: Wells Fargo's Tight Lips Drag On Shares
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UPDATE 1-Capmark in Berkshire asset deal, may go bankrupt
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Capmark in Berkshire asset deal, may go bankrupt
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Capmark in Berkshire asset deal, may go bankrupt
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UPDATE 1-Capmark in Berkshire asset deal, may go bankrupt
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