Tracy Britt Cool, who currently has an office in the Berkshire Hathaway company building right next to Warren Buffett in Omaha, Nebraska, has not been able to stop the bleeding that began under Abrams.
was trying to dismantle the dealer network so that he
can put in distribution deals with Lowe's
and other big-box retailers.
Oddly enough, Bob Merritt was hired to replace Denis Abrams
almost immediately once Tracy Britt was in place.
The New York Post
had previously reported that Abrams
was blasted by critics because he
undermined the century-old network of Benjamin Moore
and took advantage of their local dealers as a way to maximize near-term profits.
Berkshire's paint unit, Benjamin Moore
, replaced Denis Abrams
this past June with Bob Merritt.
Abrams was the CEO of Benjamin Moore for a total of seven years.
was let go due to the difference in strategy," said Dozier.