Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO - S&P Global Ratings’ Credit Research

Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO

Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO - S&P Global Ratings’ Credit Research
Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO
Published Apr 05, 2011
Published Apr 05, 2011
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Abstract:

NEW YORK (Standard&Poor's) April 5, 2011--Standard&Poor's Ratings Services today said that the ratings on Berkshire Hathaway Inc. (BRK; AA+/Stable/A-1+) and its insurance subsidiaries are unaffected by the unexpected departure of David Sokol, chairman and CEO of BRK's NetJets Inc. subsidiary and chairman and former CEO of MidAmerican Energy Holdings Co. MidAmerican Energy is one of BRK's largest businesses. Mr. Sokol was widely considered to be one of the four internal candidates that the company's board had identified as a potential successor to Warren Buffett as the CEO of BRK. Still, this leaves the company with at least three other viable internal candidates, and we still see substantial strength in BRK's senior management team. On March 14,

  
Report Type:

Bulletin

Ticker
BRK/A
Issuer
GICS
Multi-Sector Holdings (40201030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO" Apr 05, 2011. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Berkshire-Hathaway-Inc-And-Insurance-Subsidiaries-Ratings-Unaffected-By-Departure-Of-NetJets-CEO-859110>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Berkshire Hathaway Inc. And Insurance Subsidiaries Ratings Unaffected By Departure Of NetJets' CEO Apr 05, 2011. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Berkshire-Hathaway-Inc-And-Insurance-Subsidiaries-Ratings-Unaffected-By-Departure-Of-NetJets-CEO-859110>
  
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