Description

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. It was founded in 1839 as a textile manufacturer and underwent a drastic restructuring into a conglomerate starting in 1965 under the leadership of chairman and CEO Warren Buffett and vice chairman Charlie Munger.

The company’s main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions, and other securities. Its insurance brands include auto insurer GEICO and reinsurance firm Gen Re². Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, railroads, home furnishings, machinery, jewelry, apparel, electrical power, and natural gas distribution.

Among its partially owned businesses are Pilot Flying J (80%), Kraft Heinz Company (26.7%), American Express (18.8%), Paramount Global (15.4%), Bank of America (11.9%), The Coca-Cola Company (9.32%), and Apple (5.57%). Berkshire is one of the top ten components of the S&P 500 index and one of the largest American-owned private employers in the United States.

Warren Buffett:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Charles Munger:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Susan Buffet:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Howard Buffett:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Malcolm Chace:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Ronald Olson:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Walter Scott:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

NYSE
US0846707026

 

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Shareholders holding 5% +


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Material Subsidiaries/Associates


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Credit Rating

NameLogoCountryHeadquartersRating
FitchCredit LogoUnited States of AmericaNew YorkAA-
S&P GlobalCredit LogoUnited States of AmericaNew YorkAA
Moody’sCredit LogoUnited States of AmericaNew YorkAa2

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Warren

Non Executive
NationalityAmerican
96
RoleED
QualificationBusiness Administration
Date Appointed: 31/12/1964
Duration:
61 years and 8 months
Independance: N
Name

Charles T.

Executive
NationalityAmerican
100
RoleED
QualificationLaw Degree
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Susan Thompson

Executive
NationalityAmerican
94
RoleED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Howard Graham

Executive
NationalityAmerican
69
RoleED
QualificationUndergraduate Degree
Date Appointed: 31/12/1992
Duration:
33 years and 8 months
Independance: N
Name

Malcolm G

Executive
NationalityAmerican
RoleChairman
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Ronald L.

Non Executive
NationalityAmerican
84
RoleED
QualificationLaw Degree
Date Appointed: 31/12/1996
Duration:
29 years and 8 months
Independance: N
Name

Walter

Executive
NationalityAmerican
RoleChairman
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.

 

Directors Tenure

Name
Duration
Name

Warren Buffett

Duration61 years and 8 months
Name

Charles T. Munger

DurationDuration not available.
Name

Susan Thompson Buffet

DurationDuration not available.
Name

Howard Graham Buffett

Duration33 years and 8 months
Name

Malcolm G Chace

DurationDuration not available.
Name

Ronald L. Olson

Duration29 years and 8 months
Name

Walter Scott

DurationDuration not available.

 

Director Experience

Name
Experience
Name

Warren

Experience Investment, Business Services, Insurance
Name

Charles T.

Experience Other
Name

Susan Thompson

Experience Other
Name

Howard Graham

Experience Investment, Insurance, Government
Name

Malcolm G

Experience Other
Name

Ronald L.

Experience Legal, Insurance
Name

Walter

Experience Other

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2017
Year9 years and 8 months

 

Company Past Directors

Name
ED/NED
Role
Name

Ajit

ED/NEDNon Executive
RoleNED
Date Appointed: 08/01/2018
Date Resigned: 01/01/2025
Name

Steve

ED/NEDNon Executive
RoleNED
Date Appointed: 21/09/2009
Date Resigned: 01/01/2025
Name

Charlotte

ED/NEDNon Executive
RoleNED
Date Appointed: 31/12/2002
Date Resigned: 01/01/2025
Name

Gregory

ED/NEDNon Executive
RoleNED
Date Appointed: 18/01/2008
Date Resigned:

 

Company Committees

Name

Warren Buffett

Mainboard, Audit, Remuneration BD
Name

Charles T. Munger

Mainboard, Audit, Remuneration BD
Name

Susan Thompson Buffet

Mainboard, Audit, Remuneration BD
Name

Howard Graham Buffett

Mainboard, Audit, Remuneration BD
Name

Malcolm G Chace

Mainboard, Audit, Remuneration BD
Name

Ronald L. Olson

Mainboard, Audit, Remuneration BD
Name

Walter Scott

Mainboard, Audit, Remuneration BD

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT