Berkshire Names Charlie Shamieh as Insurance Successor

Berkshire Hathaway selected Gen Re Chairman Charlie Shamieh to succeed insurance head Ajit Jain. Shamieh will lead the unit once the veteran executive retires.

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BERKSHIRE HATHAWAY INC-CL A selected Gen Re Chairman Charlie Shamieh to succeed longtime insurance chief Ajit Jain, according to the Wall Street Journal. Shamieh will lead the United States-based insurance operations when Jain, 74, retires from the conglomerate.

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