Warren Buffett has sent one of his top execs on a cruise to Nowheres-ville.
The billionaire owner of Berkshire Hathaway, famous for not micro-managing, stepped in last week and quietly canned the boss of Montvale, NJ-based Benjamin Moore paint after the CEO treated himself and his corporate coterie to a trip to Bermuda on the company tab, sources told The Post.
Ironically, the 129-year-old Berkshire-owned paint company, after suffering through five years of shrinking sales in the wake of the housing market collapse, had just recorded its first quarterly sales increase since 2007.
The billionaire owner of Berkshire Hathaway, famous for not micro-managing, stepped in last week and quietly canned the boss of Montvale, NJ-based Benjamin Moore paint after the CEO treated himself and his corporate coterie to a trip to Bermuda on the company tab, sources told The Post.
Ironically, the 129-year-old Berkshire-owned paint company, after suffering through five years of shrinking sales in the wake of the housing market collapse, had just recorded its first quarterly sales increase since 2007.