Sunday, March 4, 2007

Warren Buffett Actively Looking for a Successor

Legendary Berkshire boss feels just fine, but he's actively looking for a successor

Shirley Won, Globe & Mail

Legendary U.S. investor Warren Buffett is hunting for a successor.

In his annual letter to shareholders of Berkshire Hathaway Inc., he said his job will be split into two separate roles -- chief executive officer and chief investment officer once he passes on the baton.

But the Oracle of Omaha reassured shareholders that they need not worry he will be leaving soon.

"At 76, I feel terrific and, according to all measurable indicators, am in excellent health," he said. "It's amazing what Cherry Coke and hamburgers will do for a fellow."

Read more from this Mar 2007 news report from Globe & Mail

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