Saturday, February 25, 2012

Berkshire hathaway successor

  • Billionaire Warren Buffett wants Berkshire Hathaway shareholders to know that the company Buffett isnt naming the successor. But he says the Berkshire board is enthusiastic about the executive it has picked. He says there are two good back-up candidates.
  • (AP -
  • Warren Buffett writes in his annual letter to shareholders that the companys board is enthusiastic about a person it has chosen to eventually take over as CEO of Berkshire Hathaway.
  • (CNBC)
  • Only the new guy (Berkshire Hathaway) who had not much money involved is being led by top reinsurance executive and potential Buffett successor Ajit Jain, and is opportunistic, the sources said.
  • (Chicago Tribune)
  • The prior-year result included a charge related to the redemption of the convertible perpetual capital instrument issued to Berkshire Hathaway. Shareholders in Matthias Weber we have found a worthy successor to Brian Gray from within our own ranks.
  • (4-traders (press release))
  • Meanwhile, speculation about new Apple products, especially the long-awaited successor to the two-year-old iPad2 Buffetts investment vehicle, Berkshire Hathaway, based in Omaha, Neb., traded at $118,770 Monday.
  • (International Business Times)
  • In January 2009, Warren Buffett, CEO of Berkshire Hathaway, told Tom Brokaw Two years later he issued a PR release excusing apparent insider trading by one of his successor candidates, David Sokol.
  • (Huffington Post)

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