Berkshire Hathway Replaces Duracell CEO with P&G Veterans
December 07 2017 - 9:45AM
Dow Jones News
By Imani Moise
Berkshire Hathaway Inc.'s (BRKA, BRKB) battery company Duracell
said it is replacing its chief executive and naming two former
Procter & Gamble Co. veterans to top positions at the
company.
Thom Lachman will the new chief executive, replacing Angelo
Pantaleo, who is staying at the head of the company as chairman.
Mr. Pantaleo will also join Berkshire Hathaway's Marmon Holdings as
president and operating chief.
Mr. Lachman, who previously spent 30 years working at P&G,
was hired by Berkshire Hathaway to serve on the Duracell transition
team in 2015. Following completion of the deal he was named
Duracell's president of North America.
Roberto Mendez, who has 23 years of experience at the
consumer-products giant, is replacing Mr. Lachman as head of
Duracell's North America operations.
Write to Imani Moise at imani.moise@wsj.com
(END) Dow Jones Newswires
December 07, 2017 09:30 ET (14:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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