Fruit of the Loom names Melissa Burgess-Taylor CEO

December 1, 2016 8:34 PM EST

Berkshire Hathaway shareholders look at photos of Berkshire CEO Warren Buffett (L) and vice-chairman Charlie Munger at the Berkshire-owned Fruit of the Loom booth at the shareholder's shopping day in Omaha, Nebraska May 1, 2015. The annual meeting takes

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

(Reuters) - Fruit of the Loom, a Berkshire Hathaway Inc unit, said it named Melissa Burgess-Taylor as the chief executive officer and chairman, following the death of Rick Medlin.

Medlin, who had held the top post at the apparel company since 2010, died on Sunday of natural causes, the company said.

"Rick lived and breathed Fruit of the Loom, and he was an inspirational leader to everyone associated with the company,” Warren Buffett, chief executive of Berkshire Hathaway, said in a statement.

Burgess-Taylor, who has been with the company for more than 17 years, is currently senior vice president of brand management and sales for Fruit of the Loom and Vanity Fair Brands.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Leslie Adler)

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories


Related Entities

Warren Buffett

Add Your Comment