BRIEF: Stamford executive made vice chair of Berkshire Hathaway

Jan. 10--Berkshire Hathaway added Stamford executive Ajit Jain and another to its board of directors and elevated them to vice chairman under Warren Buffett, with analysts inferring the move as a signal of the investment giant's possible succession plans.

Also made vice chairman was Gregory Abel leading the company's non-insurance operations, with Abel CEO of Berkshire Hathaway Energy. Continuing as a vice chairman is Charles Munger.

Jain leads Berkshire Hathaway Reinsurance which has its main office in Stamford, providing catastrophic coverage for complex risks underwritten by other carriers; as well as National Indemnity Co. which lists a head office in Omaha, Neb. where Berkshire Hathaway is based

Other Connecticut subsidiaries include General Reinsurance in Stamford; Duracell in Bethel; Charter Brokerage in Norwalk; H.H. Brown Shoe in Greenwich; and Berkshire Hathaway HomeServices New England Properties in Wallingford.

Alex.Soule@scni.com; 203-842-2545; @casoulman

___

(c)2018 The Hour (Norwalk, Conn.)

Visit The Hour (Norwalk, Conn.) at www.thehour.com

Distributed by Tribune Content Agency, LLC.