Berkshire Replaces Raba as Buffett Prepares for Housing Rebound

Berkshire Replaces Raba as Buffett Prepares for Housing Rebound

Scott Eells/Bloomberg

Berkshire Hathaway Inc. replaced the head of a building-products unit with $2.5 billion in annual sales as Chief Executive Officer Warren Buffett prepares the company for a U.S. housing rebound.