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Friday 13 December 2013

BNSF CEO Rose shifts role, renewing Buffett succession talk


NEW YORK, Dec 11 (Reuters) - 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.
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