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. Buffett
Number of Employees 246,000
Contact Information

1440 Kiewit Plaza

Omaha, Nebraska 68131-3302

www.berkshireha...

402-346-1400

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • Looking for Berkshire Hathaway Exposure?

    11/28/09 - Stock Split / Dividend - View Story

  • Model railroader to display award winning layout

    11/28/09 - Merger / Acquisition - View Story

  • Grain Outlook: Trading ranges cause whiplash

    11/20/09 - Merger / Acquisition - View Story

  • Berkshire Obtains $8 Bln Unsecured Credit Facility

    11/20/09 - Joint Venture / Alliance - View Story

  • Is Mel Karmazin Leaving Sirius XM?

    11/18/09 - Bond / Stock Rating - View Story

  • Billionaires Circling the Waste Industry

    11/18/09 - Merger / Acquisition - View Story

  • Fyi: Business

    11/17/09 - Merger / Acquisition - View Story

  • Understanding Goldman Sachs

    11/12/09 - Bond / Stock Rating - View Story

  • Berkshire Hathaway to sell UP, NS shares prior to BNSF buyout

    11/10/09 - Lawsuit Filed - View Story

  • Research Reports

    11/09/09 - Joint Venture / Alliance - View Story

  • Treasury Blocks Fannie Mae Tax Credit Sale

    11/09/09 - Merger / Acquisition - View Story

  • Electrician places third in State Fair contest

    11/08/09 - Licensing / Contract - View Story

  • S&P Puts Berkshire on Watch

    11/04/09 - Merger / Acquisition - View Story

  • Report: New bidder interested in Capmark servicing unit

    11/05/09 - Merger / Acquisition - View Story

  • S&P may downgrade Berkshire Hathaway AAA rating

    11/04/09 - Bond / Stock Rating - View Story

  • Stocks Mixed Ahead of ...

    11/04/09 - Merger / Acquisition - View Story

  • 8 Common Investing Mistakes

    11/03/09 - Bond / Stock Rating - View Story

  • Energy Stocks: Energy stocks perk up on factory orders, earnings

    11/03/09 - Bond / Stock Rating - View Story

  • Berkshire Hathaway Says Net Income Tripled

    11/11/09 - Financial Announcement - View Story

News & Analysis

berkshire hathaway inc. and investment and warren buffett - All News and Analysis

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

  • Week-ending bull run isn't enough

    Marketwatch - 9/05/09 - View Story

  • Bull run Friday

    Marketwatch - 9/04/09 - View Story

  • GE and Caterpillar Support the DJIA

    The Wall Street Journal Interactive Edition - 9/04/09 - View Story

  • Bulls' Friday fever

    Marketwatch - 9/04/09 - View Story

  • Warren Buffett Is a Growth Investor

    Motley Fool - 9/04/09 - View Story

  • Warren Buffett Sells More Moody's (MCO) Stock

    Street Insider - 9/04/09 - View Story

  • Moody's Downgrades Capmark

    The Wall Street Journal Interactive Edition - 9/04/09 - View Story

  • Berkshire Hathaway Sells 794,388 Shares Of Moody's

    CNN Money - 9/04/09 - View Story

  • UPDATE 1-Moody's, McGraw-Hill hit by free speech loss

    Reuters - 9/03/09 - View Story

  • Top US Firms Sitting on $335B in Cash

    AOL - 9/03/09 - View Story

  • Horsham's Capmark gets Buffett behind it

    Philadelphia Inquirer - 9/03/09 - View Story

  • PhillyDeals: Horsham's Capmark gets Buffett behind it

    Philadelphia Inquirer - 9/03/09 - View Story

  • Capmark in Berkshire asset deal, may go bankrupt (Reuters)

    Yahoo! News - 9/03/09 - View Story

  • Capmark in Berkshire Asset Deal, May Go Bankrupt

    ABC News - 9/02/09 - View Story

  • UPDATE: Berkshire, Leucadia In Pact To Buy Capmark Mortgage Operations

    Morningstar.com - 9/02/09 - View Story

  • UPDATE: Wells Fargo's Tight Lips Drag On Shares

    Morningstar.com - 9/02/09 - View Story

  • UPDATE 1-Capmark in Berkshire asset deal, may go bankrupt

    Quote.com Canada - 9/02/09 - View Story

  • Capmark in Berkshire asset deal, may go bankrupt

    Reuters - 9/02/09 - View Story

  • Capmark in Berkshire asset deal, may go bankrupt

    Reuters via Yahoo! - 9/02/09 - View Story

  • UPDATE 1-Capmark in Berkshire asset deal, may go bankrupt

    Reuters - 9/02/09 - View Story

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