Saturday, March 04, 2006

Warren Buffet's successor

The board of directors at Berkshire Hathaway have tapped a manager to succeed Warren Buffet as Chairman and CEO of the company, but Buffet will not say who. The future head of Berkshire, who will probably not take Buffet's place for some time, was selected from a small group of internal managers at Berkshire. Read the Reuters story for more.