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

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Reuters UK

By Jonathan Stempel OMAHA, Neb. (Reuters) – 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.” 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…

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