Tracy Britt Cool

Tracy Britt Cool (born c. 1984 in Manhattan, Kansas)[1] is an American business executive. On September 18, 2019, Cool announced that she is leaving Berkshire Hathaway to start her own investment firm that replicates Berkshire Hathaway's business model.[2]

Tracy Britt Cool
Born1983/1984 (age 36–37)
Manhattan, Kansas
Alma mater
OccupationBusiness executive

Cool was born and raised on a farm in Manhattan, Kansas.[3] She graduated from Harvard Business School in 2009.[4] She was a member of the Zeta Xi chapter of Kappa Alpha Theta.[5] While an undergraduate at Harvard, in 2006, she co-founded Smart Woman Securities with Teresa Hsiao, which educates its members on investments.[6][1]

She has been on the board of Berkshire Hathaway and Berkshire's Larson-Juhl, Johns Manville, Oriental Trading Company and Benjamin Moore subsidiaries, and in October 2014, was named CEO of Pampered Chef.[4][7] She has also been on the board of H. J. Heinz.[8]

On September 18, 2019, Cool announced her resignation of Berkshire Hathaway, her position as CEO of Pampered Chef, and her intention to step down from Kraft Heinz's board in the first quarter of 2020.[2] In an interview with The Wall Street Journal, Cool said that she wants to work and acquire "businesses too small for Berkshire."[9]

Cool is a nonexecutive director of acquisition vehicle EverArc Holdings Ltd. which raised $340 million in an IPO.[10][11]

References
  1. Buhayar, Noah; Colby, Laura (2014-01-23). "Meet Warren Buffett's Top Troubleshooter: Tracy Britt Cool". Bloomberg Businessweek. Retrieved 2017-07-12.
  2. Li, Yun (2019-09-18). "A Warren Buffett protege is leaving to start her own Berkshire". CNBC. Retrieved 2019-09-18.
  3. Rosenbaum, Eric (2014-10-30). "Advice from Buffett's 30 year-old right hand woman". CNBC. Retrieved 2017-07-12.
  4. Leahey, Colleen (October 30, 2014). "Tracy Britt Cool: The education of Warren Buffett's protege". Fortune. Retrieved 30 October 2014.
  5. "Notable Thetas". heritage.kappaalphatheta.org. Retrieved 2017-07-13.
  6. Das, Anupreeta (June 11, 2013). "A Rising Star Emerges at Berkshire". The Wall Street Journal. Retrieved 30 October 2014.
  7. Leahey, Colleen (2014-09-17). "Warren Buffett's wrath: How Benjamin Moore almost broke his promise". Fortune. Retrieved 2017-07-12.
  8. "Tracy Britt Cool, 29 - In Photos: 2014 30 Under 30: Finance". Forbes. 2014. Retrieved 30 October 2014.
  9. Friedman, Nicole. "Warren Buffett Protege to Leave Berkshire, Start Own Firm". WSJ. Retrieved 2019-09-18.
  10. Calatayud, Adria. "Acquisition Vehicle EverArc Raises $340 Million Ahead of London Listing". WSJ. Retrieved 2020-01-09.
  11. "IPO of EverArc Holdings Limited - RNS - London Stock Exchange". LondonStockExchange. 2019-12-12. Retrieved 2020-01-09.


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