BRK-B - Berkshire Hathaway Inc.

Berkshire Hathaway Inc.

3555 Farnam Street
Omaha, NE 68131
United States
402 346 1400
https://www.berkshirehathaway.com

Sector(s): Financial Services
Industry: Insurance—Diversified
Full-time employees: 383,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Warren E. Buffett	Chairman, CEO & Pres	401.59k	N/A	1930
Mr. Charles Thomas Munger	Exec. Vice Chairman	100k	N/A	1924
Mr. Marc David Hamburg	Sr. VP, CFO & Sec.	3.58M	N/A	1950
Mr. Ajit Jain	Vice Chairman of Insurance Operations & Director	19.02M	N/A	1952
Mr. Gregory Edward Abel	Vice Chairman of Non Insurance Operations & Director	19.02M	N/A	1962
Mr. Daniel Jerome Jaksich	VP, Controller & Principal Accounting Officer	N/A	N/A	N/A
Kerby S. Ham	Treasurer	N/A	N/A	N/A
Mr. Peter James Eastwood	CEO & Pres of Specialty Insurance	N/A	N/A	N/A
Ms. Kara Lee Raiguel	CEO & Pres of Gen. Re Unit	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel and footwear products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Corporate governance

Berkshire Hathaway Inc.’s ISS governance QualityScore as of 1 June 2023 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.