Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023.  REUTERS/Brendan McDermid
Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid
Home » News » Business & Economy » Berkshire picks Gen Re Chair Shamieh as successor to insurance head Ajit Jain, WSJ reports
Business & Economy

Berkshire picks Gen Re Chair Shamieh as successor to insurance head Ajit Jain, WSJ reports

May 4 (Reuters) – Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance chief Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Shamieh will step in to run Berkshire’s sprawling insurance arm when Jain, 74, decides to retire, the report said.

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Reuters could not immediately verify the report. Berkshire Hathaway did not immediately respond to Reuters’ request for comment.

(Reporting by Natalia Bueno Rebolledo in Mexico City; additional reporting by Mihika Sharma; Editing by Subhranshu Sahu)

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