Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Lubrizol CEO Expects to Work ‘Several More Years’ Under Buffett

Lubrizol Corp., the engine-additives maker selling itself to Warren Buffett’s Berkshire Hathaway Inc., said Chief Executive Officer James Hambrick is committed to running the business for “several more years.”

“James has made a verbal commitment to both Warren, as well as to all Lubrizol employees, that he will remain with the company after the sale,” Lubrizol said today in a regulatory filing. “At 56, James looks forward to several more years of capable service to Lubrizol. Helping grow Lubrizol for the future has been a huge part of his life and something he is passionate about. This is unlikely to change anytime soon.”

Buffett, 80, relies on the CEOs of Berkshire’s more than 70 subsidiaries to run businesses ranging from manufacturing and energy to consumer goods and insurance. Buffett, chairman and CEO of Omaha, Nebraska-based Berkshire, agreed in March to buy Lubrizol for about $9 billion. In a March 14 statement, Buffett called Hambrick “a talented CEO.”

“Our only instruction to James -- just keep doing for us what you have done so successfully for your shareholders,” Buffett said in the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.