News Headlines
Share to Twitter
Click the link below to share this story to Twitter.
Please note: If you are not logged in to Twitter on this device already, the story will not be shared. You may click the "Login" link to login to Twitter.
Please note: If you are not logged in to Twitter on this device already, the story will not be shared. You may click the "Login" link to login to Twitter.
Buffett Successor Likely To Be a Man
Warren Buffett is keeping secret the identity of the person likely to succeed him as CEO of Berkshire Hathaway but he is narrowing the field. He says the top choice and two backups are all men.
Posted: 9:03 AM May 7, 2012
Reporter: Associated Press
Warren Buffett is keeping secret the identity of the person likely to succeed him as CEO of Berkshire Hathaway but he is narrowing the field. He says the top choice and two backups are all men.
Buffett is getting questions about his successor because he is 81 years old and was recently diagnosed with prostate cancer although the disease is not expected to threaten his health.
Buffett has said Berkshire's board has chosen his successor, but doesn't want to name him because the choice could change.
The Oracle of Omaha has consistently said he has no plan to leave his position.
Buffett said during an interview with Fox Business on Monday that he's not making any effort to teach his successor how to run Berkshire. He says none of his potential successors need to be treated like apprentices.
He expects his successor will maintain the company culture.
Post a Comment
Send Story to a Friend
Send to Facebook
Share to TwitterSearch:
Gray Television, Inc - Copyright 2002-2012 - Powered by Gray Interactive Media