MidAmerican’s Iowa Utility Unit Names Fehrman President

MidAmerican Funding LLC, the unit of Warren Buffett’s Berkshire Hathaway Inc. that owns an Iowa utility, named William Fehrman president, following the resignation of Greg Abel from that role.

Fehrman has been chief executive officer and a board member of MidAmerican Energy Co., the Iowa utility, according to a filing with the U.S. Securities and Exchange Commission today.

Abel remains president, chairman and CEO of MidAmerican Energy Holdings Inc., the unit that contains Berkshire’s energy businesses including MidAmerican Funding, spokeswoman Ann Thelen said today in a telephone interview.

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