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Wednesday, December 11, 2013

BNSF CEO Rose shifts role, renewing Buffett succession talk, (NYSE: BRK-A), (NYSE: BRK-B)

Berkshire Hathaway Inc's BNSF Railway Co has moved Chief Executive Matthew Rose to an executive chairman role, renewing speculation he might be in line to replace Warren Buffett at Berkshire's helm.As executive chairman, Rose, 54, will work on organizational planning, market positioning and public policy at BNSF over the next decade, the company said on Wednesday.Carl Ice, 57, will replace Rose as chief executive at the nation's largest railroad, starting on Jan. 1.Ice has been at the railroad for 34 years, and been its president since Nov. 2010.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A fell by 1.06% or $-1840.0/share to $171630.00. In the past year, the shares have traded as low as $131100.00 and as high as $178900.00. On average, 469 shares of BRK-A exchange hands on a given day and today's volume is recorded at 348.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.95% or $-1.1/share to $114.51. In the past year, the shares have traded as low as $87.80 and as high as $119.30. On average, 3485620 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3754215.



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