Berkshire Hathaway Inc. (BRK-A) NYSE

729,862.00

+3177(+0.44%)

Updated at June 09 04:00PM

Currency In USD

Berkshire Hathaway Inc.

Address

3555 Farnam Street

Omaha, NE 68131

United States of America (the)

Phone

402 346 1400

Sector

Financial Services

Industry

Insurance - Diversified

Employees

392400

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
Gregory Edward AbelCEO, President & Director22.02M1962
Kara Lee RaiguelChief Executive Officer & President of General Re Unit0N/A
Peter James EastwoodChief Executive Officer & President of Specialty Insurance0N/A
Marc David HamburgExecutive Officer4.33M1950
Ajit JainVice Chairman of Insurance Operations & Director22.02M1952
Charles C. ChangSenior VP & CFO01969
Daniel Jerome JaksichVice President, Controller & Principal Accounting Officer0N/A
Adam JohnsonPresident of Consumer Products, Service & Retailing01972
Kerby S. HamTreasurer0N/A
Michael J. O'SullivanSenior VP & General Counsel01966

Description

Berkshire Hathaway Inc. operates globally through a diverse portfolio of subsidiaries, primarily focusing on insurance, freight rail transportation, and utility services. The company offers a comprehensive range of insurance and reinsurance products, covering property, casualty, life, accident, and health sectors. Its railway division manages extensive freight networks across North America. In the utilities sector, Berkshire Hathaway is deeply involved in power generation, transmission, storage, and distribution, utilizing a wide array of sources including natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal energy. It also oversees natural gas infrastructure, such as distribution and storage facilities, interstate pipelines, and liquefied natural gas plants, and holds interests in coal mining operations. Beyond these core businesses, Berkshire Hathaway maintains a significant manufacturing footprint. It produces a wide array of goods, from confectionery like boxed chocolates to specialty chemicals, metal-cutting tools, and advanced components for aerospace and power generation. Its building materials segment includes flooring, insulation, roofing, engineered products, structural components, paints, coatings, and bricks. The company also constructs manufactured and site-built homes, complemented by associated lending and financial services. Other industrial outputs include recreational vehicles, apparel, jewelry, custom picture frames, and alkaline batteries. Furthermore, it produces heavy industrial goods such as castings, forgings, various fastener systems, aerostructures, and specialized pipes, fittings, and tubing for industrial applications. The company's services division is equally varied, encompassing distribution of televisions, information, and electronic components, alongside comprehensive logistics and foodservice distribution. It also franchises and services quick-service restaurants and provides professional aviation training and fractional aircraft ownership programs. On the retail front, Berkshire Hathaway sells automobiles, a broad range of home furnishings (furniture, bedding, appliances, electronics, computers), and luxury goods (jewelry, watches, crystal, china, gifts, collectibles). It also retails kitchenware and motorcycle apparel and equipment. Established in 1998, Berkshire Hathaway maintains its corporate headquarters in Omaha, Nebraska.