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Santulli Leaves NetJets; Sokol Will Take Helm

Richard Santulli, chairman and chief executive of NetJets Inc., said on Tuesday he would leave the aviation company, a unit of Berkshire Hathaway Inc. that sells fractional ownership in corporate jets.

Berkshire Chairman Warren Buffett, in a move sure to intrigue close watchers of his company, said David Sokol will succeed Mr. Santulli as NetJets chairman and interim CEO.

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