Benjamin Moore veteran picked to lead paint company
Berkshire Hathaway chose an insider with decades of experience to lead its Benjamin Moore paint company.
Berkshire said Tuesday Dan Calkins is replacing CEO Mike Searles who retired after five years at the premium paint company.
Calkins, who was already president and chief operating officer, has worked for the Montvale, New Jersey-based company for 32 years.
That contrasts with Searles who joined the paint company after running other retail companies.
Berkshire Vice Chairman Greg Abel says Calkins will build on Benjamin Moore's recent successes. The paint is sold by a network of independent dealers.
Searles worked to rebuild trust with Benjamin Moore's dealers after one of his predecessors tried to sign a distribution deal a major retailer in violation of a promise Warren Buffett made when Berkshire acquired Benjamin Moore.