Tags: Buffett | Names | New | Leadership | Team | Justin | Brands

Buffett Names New Leadership Team at Justin Brands

Thursday, 14 Apr 2011 10:44 AM

Berkshire Hathaway CEO Warren Buffett has announced several changes to the leadership of his company's boot-making Justin Brands subsidiary.

Justin Brands, which includes Justin, Tony Lama and Chippewa boot brands, has been part of Buffett's Omaha, Neb., based Berkshire since 2000.

Justin's president and CEO Randy Watson will become chairman and chief executive of the Fort Worth, Texas-based company. Buffett says Watson loves Justin Brands and instinctively thinks like a business owner, so he wishes Watson could remain Justin CEO forever.

Jamie Morgan will be promoted to president from his current role of vice president of marketing and sales. And Chief Financial Officer Herb Beckwith will add oversight of the company's international operations.

A Justin spokeswoman says Watson's new chairman job didn't exist at the company before this reorganization, which was prompted by a desire to expand the leadership team.

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Berkshire Hathaway CEO Warren Buffett has announced several changes to the leadership of his company's boot-making Justin Brands subsidiary. Justin Brands, which includes Justin, Tony Lama and Chippewa boot brands, has been part of Buffett's Omaha, Neb., based Berkshire...
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