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Wesco Financial, LLC · Pasadena, CA United States

301 E. Colorado Blvd.,
Ste. 300		Phone: 626-585-6700
Pasadena, CAFax: 626-449-1455
91101
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Wesco Financial, LLC Rankings

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Company Description

Wesco Financial is sort of like Berkshire Hathaway Lite. Charlie Munger, Berkshire vice chairman and a confidante of Warren Buffett, leads Wesco. And like Berkshire, the investment firm provides insurance and reinsurance; in Wesco's case, it does so through subsidiaries Wesco-Financial Insurance Company and Kansas Bankers Surety. It also holds shares in some of the same companies as Berkshire, like Coca-Cola, Kraft, Procter & Gamble, and Wells Fargo. Other prominent holdings include CORT Business Services and Precision Steel Warehouse, which has steel service centers in Chicago and Charlotte, North Carolina. In 2011 Berkshire Hathaway acquired the 20% of Wesco that it didn't already own.

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Financials

Company TypeSubsidiaryHeadquarters
Fiscal Year-EndDecember
2010 Employees2,286
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Executives

13 executives listed for Wesco Financial, LLC's Pasadena, CA location.

Chairman, President, and CEOCharles MungerE-mail
VP and CFO, Wesco Financial and MS PropertyJeffrey JacobsonE-mail
VP Wesco; President, MS PropertyRobert SahmE-mail

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