Berkshire Hathaway Utility Unit Shuffles Top Executives
OMAHA, Neb. (AP) — Berkshire Hathaway is shuffling the executives in charge of its utility unit after promoting Greg Abel to oversee all of Berkshire’s non-insurance businesses.
Abel’s promotion to vice chairman of Berkshire Hathaway was announced Wednesday. Following that move, Berkshire promoted MidAmerican Energy CEO William Fehrman to replace Abel at Berkshire Hathaway Energy.
Fehrman has worked at Berkshire’s utilities since 2006 and has led MidAmerican since 2008.
Berkshire Hathaway Energy includes MidAmerican, PacifiCorp, NV Energy and several other utilities.
With Fehrman moving up to oversee Berkshire Hathaway Energy, Des Moines, Iowa-based MidAmerican promoted Adam Wright to be its new CEO.
Wright had worked at Berkshire’s Northern Natural Gas subsidiary since 2003.
Omaha, Nebraska-based Berkshire Hathaway owns more than 90 businesses in a variety of industries and is led by investor Warren Buffett.
Related News
From Archive
- 290-mile gas pipeline expansion proposed across Georgia, Alabama and South Carolina
- City of Albuquerque halts fiber optic construction in response to damage, complaints
- Body retrieved day after fatal trench collapse at Bakersfield, Calif., job site
- $227 million Garnet Valley water project advances, set to create 73,000 jobs in Nevada
- Pasadena, Calif., undergrounding project could take 500 years to finish
- Gehl and Mustang offer world’s largest skid loader
- Growing Pains and Gains
- Authorities investigating trench collapse that killed worker in Ashburn, Va.
- City of Albuquerque halts fiber optic construction in response to damage, complaints
- Pasadena, Calif., undergrounding project could take 500 years to finish
Comments