US: Johns Manville (JM), part of Berkshire Hathaway, has named Mary Rhinehart as chairman of the company. Rhinehart was appointed as president and CEO in November 2012.
Warren Buffett, chairman and CEO of Berkshire Hathaway, selected Rhinehart for this additional role due to her diligent leadership of JM. “With more than three decades of comprehensive experience at JM, Mary Rhinehart has proven not only her ability to succeed at every level, but also her commitment to the business and passion for JM’s employees and customers. Mary is the right choice for chairman of JM,” said Buffett.
Rhinehart has held a variety of roles during her 35-year career, including general managership of several Johns Manville business units. Before being named CEO, she was CFO, providing her breadth of experience in all financial operations of the company. Rhinehart’s wide range of responsibilities have also encompassed global business management and strategic business development.
“I am proud to assume the role of chairman of Johns Manville and am grateful for the confidence Berkshire Hathaway has placed in me,” said Rhinehart. “Moving forward, JM will continue to win by delivering powerful experiences to our customers and employees, experiences that will create lasting relationships, sustainable competitive advantage and profitable growth.”
