CEO of Berkshire's Brooks Running expects sales boost despite pandemic, supply disruptions


Jim Weber, 62, who has led Brooks since 2001, said in a Thursday interview that Berkshire management gives him the freedom to play the "long game." He said that allowed Brooks to avoid spending cuts and layoffs even as the COVID-19 outbreak in Vietnam, where it makes most of its shoes, recently forced it to shut 45% of production for three months.

The longtime chief executive of running shoe maker Brooks Running, a unit of Warren Buffett's Berkshire Hathaway Inc aims to more than triple revenue over the next decade, overcoming effects from supply chain disruptions and a lingering pandemic.

Jim Weber, 62, who has led Brooks since 2001, said in a Thursday interview that Berkshire management gives him the freedom to play the "long game."

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil slips as Middle East crude exports rise, G7 to release stocks
Stocks upbeat, dollar wobbles as Fed hike bets recede
Zetrix AI confirms suspension of RTD services
FBM KLCI makes mild rebound after weak US jobs data
Ringgit opens higher against US$ as weaker US jobs data weighs on greenback
Trading ideas: KLK, Gas, Mah Sing, Samaiden, Berjaya, Zetrix AI, Seal, Inta Bina, Adnex, PMCK, TXCD, DPI, Country Heights, Meridian, LSH, PetChem
UWC poised to thrive
Family office in Malaysia: The next frontier of private capital
Yinson at the centre of an FPSO shift
Powerwell’s�strategic collaboration�with Socomec set to boost outlook

Others Also Read