What is the organizational structure of Berkshire Hathaway?
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What is the organizational structure of Berkshire Hathaway?
Berkshire Hathaway is following a matrix organizational structure.
Who are the board of directors for Berkshire Hathaway?
| Name | Present Principal Occupation or Employment and Business Address |
|---|---|
| Warren E. Buffett | Chairman and Chief Executive Officer of Berkshire. |
| Michael A. Goldberg | President of Berkshire Hathaway Credit Corp. |
| Marc D. Hamburg | Vice President and Treasurer of Berkshire. |
| Forrest N. Krutter | Secretary of Berkshire. |
What businesses make up Berkshire Hathaway?
| Acme Brick Company | International Dairy Queen, Inc. |
|---|---|
| Berkshire Hathaway Direct Insurance Company (THREE) | Justin Brands |
| Berkshire Hathaway Energy Company | Kraft Heinz |
| Berkshire Hathaway GUARD Insurance Companies | Larson-Juhl |
| Berkshire Hathaway Homestate Companies | LiquidPower Specialty Products Inc. (LSPI) |
How many corporate employees does Berkshire Hathaway have?
372,000
Berkshire Hathaway
| Kiewit Tower, the location of Berkshire’s corporate offices in Omaha, Nebraska | |
|---|---|
| Owner | Warren Buffett (30.71% of the aggregate voting power and 16.45% of the economic interest) |
| Number of employees | 372,000 (2021) |
| Subsidiaries | List of subsidiaries |
| Website | berkshirehathaway.com |
How is Berkshire Hathaway managed?
Premiums paid to Berkshire Hathaway insurance companies can be invested as its managers see fit. Berkshire Hathaway invests in companies that have a long history of paying dividends. Buffett’s strategy is to reinvest these dividends but not pay one to Berkshire Hathaway investors.
How many board of directors does Berkshire Hathaway have?
Berkshire said that three of its 14 board members are women and that two are ethnically diverse: Jain and former American Express CEO Kenneth Chenault.
Who are the largest shareholders of Berkshire Hathaway?
The top shareholders of Berkshire Hathaway class B shares are Warren E. Buffett, Ronald L. Olson, Meryl B. Witmer, Vanguard Group Inc., BlackRock Inc.
Does Berkshire Hathaway own Coca Cola?
Buffett’s money has followed his mouth. His Berkshire Hathaway conglomerate owns about 10% of Coca-Cola, a stake worth around $22 billion.
How many direct employees does Berkshire Hathaway have?
360,000 employees
In 2021, Berkshire Hathaway was ranked tenth among the 100 largest companies in the world by market value. As of 2020, Berkshire Hathaway’s total headcount numbered more than 360,000 employees worldwide.
What companies use matrix structure?
Some successful organizations which have used a Matrix Organizational structure include; Phillips, Caterpillar, and Texas Instruments have all used the Matrix Structure at some point in time.
What type of corporation is Berkshire Hathaway?
Berkshire Hathaway Inc. (BRK. A; BRK.B) is a diversified holding company whose subsidiaries engage in insurance, freight rail transportation, energy generation and distribution, services, manufacturing, retailing, and other activities.
Who will replace Buffett?
Des Moines resident Greg Abel is poised to become one of the most important business figures in the nation. A current vice chairman of Berkshire Hathaway, Abel will have his first annual meeting as the company’s future CEO on April 30.
