Berkshire Hathaway Inc. News Release

Rhea-AI Summary

Berkshire Hathaway has elected Thomas S. Murphy, Jr. to its Board of Directors. Murphy co-founded Crestview Partners, a private equity firm, in 2004, and previously served as a Partner at Goldman, Sachs & Co.. He is also involved with the boards of New York University and NYU Langone Health. This move is expected to bring valuable experience to Berkshire, which engages in diverse business activities including insurance, energy, and manufacturing.

Positive

• Thomas S. Murphy's election could enhance strategic decision-making.
• Murphy's background in private equity may provide new investment insights.

Negative

• None.

OMAHA, Neb.--(BUSINESS WIRE)-- (BRK.A; BRK.B) – Thomas S. Murphy, Jr. has been elected to the Board of Directors of Berkshire Hathaway Inc. Mr. Murphy co-founded Crestview Partners in 2004. Crestview is a private equity firm based in New York City. Prior to starting Crestview, Mr. Murphy was a Partner at Goldman, Sachs & Co. Additionally, Mr. Murphy serves on the boards of New York University, NYU – Langone Health and The Inner-City Scholarship Fund.

About Berkshire

Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221219005142/en/

Marc D. Hamburg

402-346-1400

Source: Berkshire Hathaway

FAQ

Who is the new member elected to the Berkshire Hathaway Board?

Thomas S. Murphy, Jr. has been elected to the Board of Directors.

What is Thomas S. Murphy's background?

He co-founded Crestview Partners and was a Partner at Goldman, Sachs & Co.

What are Berkshire Hathaway's trading symbols?

Berkshire Hathaway's stock symbols are BRK.A and BRK.B.

What business activities does Berkshire Hathaway engage in?

Berkshire Hathaway is involved in insurance, utilities, manufacturing, and more.