Berkshire Hathaway to Add Thomas Murphy Jr. to Board – MarketWatch

By Will Feuer
Berkshire Hathaway Inc. said it is adding Thomas Murphy Jr. to its board of directors after his father resigned from the board earlier this year.
The Warren Buffett-helmed conglomerate said in October that it would add a new independent director to its board as soon as it practically could to regain compliance with the New York Stock Exchange.
The company said it had received a noncompliance warning from the NYSE after the death of independent director David Gottesman in September. Mr. Gottesman’s passing left Berkshire’s board without a majority of independent directors as required by the NYSE, the company said at the time.
Mr. Murphy, who co-founded private-equity firm Crestview Partners in 2004, is the son of Thomas Murphy, a longtime friend of Mr. Buffett and the former head of Capital Cities Communications Inc. The senior Mr. Murphy resigned from the Berkshire board in February and died in May.
Write to Will Feuer at Will.Feuer@wsj.com
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