Berkshire Hathaway names Comcast's Burke to board
OMAHA, Neb. (AP) – Billionaire Warren Buffett's Berkshire Hathaway Inc. on Tuesday named Stephen Burke, the chief operating officer of Comcast Corp., to its board of directors.
Buffett said in a statement that Burke, 51, is "keenly interested" in the company.
Burke also is president of Comcast Cable Communications, a unit of Comcast.
Berkshire did not say if Burke was replacing anyone on the board. A representative could not immediately be reached for comment.
Berkshire owns a small stake in Comcast – 12 million shares, which amounts to less than half of a percent, according to CapitalIQ.
Class A shares of Comcast slid a penny to $17.36 in morning trading. Berkshire's Class B shares slipped $2.37 to $3,296.58.