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
- Hobas Pipe USA to increase fiberglass pipe production by 50% to address water, wastewater infrastructure demands
- MPE Partners, Precision Pipeline expand Florida footprint with SabCon Underground acquisition
- Judge orders Pennsylvania utility to release inspection records related to fatal natural gas explosion
From Archive
- DeLa Express seeks FERC approval for Permian-to-Louisiana gas pipeline project
- OSHA penalizes Houston contractor over safety violations resulting in worker's death
- Fiber infrastructure has no known expiration date, Fiber Broadband Association research concludes
- Nevada OSHA fines Elon Musk's Boring Company over safety violations in Vegas tunnel project
- Damage prevention and safety: Turning awareness into action
- Ditch Witch 1030
- Michigan lawmakers introduce bills to create septic codes throughout the state
- Indiana American Water to gain 8,000 water customers with Silver Creek Water acquisition
- Arkansas governor allocates $42 million for water infrastructure projects
- Federal judge finds Flint, Mich, in contempt over lead water pipe crisis
Comments