Company Profile for Business Wire

--()--Business Wire, a Berkshire Hathaway company, was founded in 1961 by Lorry I. Lokey, veteran journalist and public relations executive. In 2005, Cathy Baron Tamraz, was named chairwoman and CEO. A 36-year veteran of the Company, Cathy was named chief operating officer in 2000, president in 2003 and CEO in 2005. Under her stewardship, the Company has grown to be the leading global commercial news wire, significantly expanding into new markets, including the United Kingdom, France, Germany, Canada and Japan, among others.

Thousands of member companies and organizations depend on Business Wire to transmit their full-text news releases, regulatory filings, photos and other multimedia content to journalists, news media, trade publications, institutional and individual investors, financial information services, regulatory authorities, Internet portals, information websites, business-to-business decision-makers and consumers worldwide. Business Wire is the most comprehensive news and disclosure network in the world.

Business Wire originates hundreds of thousands of news announcements each year, with a dramatic impact on capital and commercial markets around the globe and in virtually every industry sector. With a news distribution network spanning 150 countries and 45 languages, Business Wire's multi-channel delivery network has access to dozens of international and national news agency networks throughout the Americas, Europe, Asia, the Middle East and Africa.

While distribution of news releases is the Company's core business, Business Wire includes online news and investor centers, EDGAR and XBRL filings, monitoring and measurement services, multimedia distribution and trade show services among its product offerings. In 2015, Business Wire teamed up with Al Roker Entertainment to create BizWireTV, a bi-weekly digital video news program that features the top trending news releases that cross the wire.

About Business Wire

Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire to accurately distribute market-moving news and multimedia, host online newsrooms and IR websites, build content marketing platforms, generate social engagements and provide audience analysis that improves interaction with specified target markets. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented simultaneous NX Network. Business Wire has 31 offices worldwide to securely meet the varying needs of communications professionals and news consumers.

Learn more at and the BusinessWired blog; follow updates on Twitter: @businesswire or on Facebook.

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Business Wire

Co-Headquarters Address:

101 California Street, 20th Floor

San Francisco, CA 94111

Main Telephone:

+1 415-986-4422 / Toll Free: +1 800-227-0845


Co-Headquarters Address:

40 East 52nd Street, 14th Floor

New York, NY 10022

Main Telephone:

+1 212-752-9600 / Toll Free: +1 800-221-2462




Type of Organization:

Subsidiary of Berkshire Hathaway


Communications: Public Relations/Investor Relations


Key Executives:

Chairwoman and CEO: Cathy Baron Tamraz

President: Gregg Castano

COO: Richard DeLeo

CIO: Steve Messick

CFO: Geff Scott

EVP, Media Services & Product Strategy: Laura Sturaitis

Public Relations


Scott Fedonchik


+1 212-752-9600




Neil Hershberg


+1 212-752-9600


Release Summary

Corporate Profile for Business Wire, a Berkshire Hathaway Company