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    BERKSHIRE HATHAWAY INC (BRK-B)

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    Business Description

    Berkshire Hathaway Inc. (BRK-B) is a diversified holding company headquartered in Omaha, Nebraska. It operates a wide range of businesses, including insurance, freight rail transportation, utilities, energy, manufacturing, service, and retailing. The company also holds significant equity investments in various publicly traded companies.

    1. Insurance - Provides underwriting and investment income through primary and reinsurance operations, generating significant capital for the company .
    2. Manufacturing - Produces industrial, building, and consumer products, including well-known brands like Duracell and Richline Group .
    3. McLane - Distributes groceries and non-food items through wholesale channels .
    4. Pilot - Operates travel centers offering fuel and convenience store services .
    5. BHE (Berkshire Hathaway Energy) - Engages in energy generation, transmission, and distribution, including U.S. utilities and natural gas pipelines .
    6. BNSF (Burlington Northern Santa Fe) - Operates one of the largest freight railroad networks in North America .
    7. Service and Retailing - Includes a variety of businesses such as McLane Company for wholesale distribution and NetJets for shared aircraft ownership, as well as retail companies like Pampered Chef and Oriental Trading Company .

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    Executive Team

    NamePositionStart DateShort Bio
    Warren E. BuffettChairman and Chief Executive Officer1970Warren E. Buffett, age 93, has been a director and the controlling shareholder of Berkshire Hathaway Inc. since 1965 and has served as its Chairman and Chief Executive Officer since 1970. He brings to the Board his extensive experience of 54 years as Chairman and CEO of the Corporation .
    Gregory E. AbelVice Chairman – Non-Insurance Operations2018Gregory E. Abel, age 61, has been a director of Berkshire Hathaway Inc. and the Corporation's Vice Chairman – Non-Insurance Operations since 2018. Prior to this role, he served as the Chief Executive Officer of Berkshire Hathaway Energy Company (BHE), a 92% owned subsidiary of Berkshire, from 2008 to 2018. Mr. Abel has also been BHE's Chairman since 2011. Additionally, he serves as a director of The Kraft Heinz Company and was a director of AEGIS Insurance Services Inc. from October 2016 to September 2023 .
    Ajit JainVice Chairman – Insurance OperationsJanuary 9, 2018Ajit Jain has been a director of Berkshire Hathaway and the Vice Chairman of Insurance Operations since January 9, 2018. He has been employed by the Berkshire Hathaway Insurance Group since 1986 and has served as an Executive Vice President of National Indemnity Company, a wholly owned Berkshire subsidiary, since 1996. Jain brings to the Board his extensive experience in managing Berkshire's reinsurance operations, overseeing the assessment and pricing of many of the largest and most complex risks ever insured, and generating significant capital for the corporation .
    Marc D. HamburgSenior Vice President – Chief Financial OfficerN/AMarc D. Hamburg serves as the Senior Vice President and Chief Financial Officer at Berkshire Hathaway Inc. He is also the Principal Financial Officer of the company. He has been involved in signing various financial documents on behalf of Berkshire Hathaway, including certifications and officers' certificates related to the issuance of senior notes. However, the documents do not provide specific information about his start date in these roles .