NEW YORK ( TheStreet) -- What's it like to work for Warren Buffett and Berkshire Hathaway (BRK.A) (BRK.B)? Just ask Benjamin Moore CEO Michael Searles, who attended the storied conglomerate's annual meeting this weekend.
"Working for Warren is an honor and a privilege," says Searles, the top executive of the paint company. "Not just working for Warren, but the culture that Berkshire Hathaway has created is something unique."Searles, who previously worked in the apparel business for 40 years, joined Benjamin Moore as its CEO just 18 months ago and feels like "a rookie baseball player that just got signed by the Yankees."
Discussing Buffett's leadership qualities, Searles spoke to the values the investment titan represents and lives by. "A promise from Warren Buffett is a promise from Berkshire Hathaway," he said. "And promises are kept."
For example, as Searles explained, when Buffett bought Benjamin Moore in 2000, he made a promise to the company's independent dealers that Benjamin Moore paint would never be sold in big-box stores such as Lowe's (LOW) and Home Depot (HD). Such a situation would have made it much more difficult for independent paint dealers to compete. "He's kept that word," Searles said.
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Even if Benjamin Moore could make more money by partnering with those huge home improvement retailers, Searles said Buffett is dedicated to maintaining "values and promises kept" for Benjamin Moore's 5,000 independent, family-owned paint dealers.