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Article: CEO of Berkshire's Helzberg jewelry unit resigns
- Article from:
- AP Online
- Article date:
- April 6, 2009
CopyrightCopyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
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Berkshire Hathaway Inc. says the chief executive of its Helzberg Diamond unit has resigned, but Warren Buffett's company did not say why.
Berkshire said in a statement that Marvin Beasley decided to resign effective Monday. He will be replaced by Beryl Raff, who had been managing J.C. Penney's jewelry division.
Berkshire CEO and Chairman Buffett said in the statement that Raff will bring merchandising instinct and analytical sharpness to the job.
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