Billionaire investor Warren Buffett has named his son, Howard, to
be his successor at his company Berkshire Hathaway as non-executive
chairman.
Howard, a farmer, will take the reins as non-executive chairman
when Warren dies and not sooner, CBS News reports.
Berkshire's board must approve the move.
Howard, or Howie as he is known, will not serve as CEO but will
oversee the company's values, Warren tells the news program “60
Minutes” to air this Sunday.
buffetT
Posted by zach06 on 9th of Dec 2011 at 05:23 pm
Read more: Buffett Taps Farmer Son as Successor
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buffett's not going to die.
Posted by biscuit on 9th of Dec 2011 at 07:15 pm
buffett's not going to die. he's ET.