CEO / Chief Executive
Who Will Be Your Next Leader?
When Sally Smith became the chief executive officer of Buffalo Wild Wings in 1996, it wasn't exactly a planned event. According to Smith's account published in the New York Times (as part of Adam ...
New York Hedge Fund Launches Bermuda Reinsurer
Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, started a Bermuda-based reinsurer to support its investing strategy. Sandell Re will rely on the hedge fund to oversee ...
The Changing of the Guard: Comparing the Old and New
Property/casualty insurance carriers say they won't be looking for carbon copies of the incumbent CEO when they seek out his or her potential replacement, but they're not looking for someone very ...
New Blood, Same Veins
Most of the new CEO appointments at many of the world's top insurance companies are what one would expect: men who have spent their entire careers in the insurance business. Not all succession tales ...
Are New Leaders Needed to Guide Insurers Ahead?
Insurance is a business as old as business itself, expertly greasing the wheels of commerce by absorbing risks that would otherwise slow down the engines of growth. Insurance companies have long sold ...
The Big Tease: Buffett Remains Mum About His Chosen Successor
Warren Buffett didn't spill the beans about his already-chosen successor in his latest annual letter to Berkshire Hathaway shareholders. Long-time vice-chairman Charlie Munger fueled continued ...
Special Report: A Closer Look at Berkshire Hathaway’s Insurance Operations
Insurance operations contributed $5.2 billion to total operating income of $16.6 billion for Berkshire Hathaway in 2014—with the underwriting component of $1.7 billion (after taxes) representing ...
Buffett, Munger on Leadership, Success in Business
The Berkshire Hathaway 2014 Annual Report includes discussions from Chair Warren Buffett and Vice Chair Charlie Munger about leadership and success in the insurance business. Some excerpts follow. ...