Warren Buffett , the Berkshire Hathaway Inc. chief executive officer preparing the firm for his eventual departure, praised the company’s roster of CEO candidates as he criticized former manager David Sokol for his stock dealings.
Howard Buffett, a Republican congressman from Nebraska and the future billionaire’s father, once gave back a $2,000 annual pay raise because, he insisted, he had been elected at the lower salary and it would be wrong to take the money. Perhaps that was a forerunner of his famous son, who is publicly advocating higher taxes on the wealthy, including, potentially, on himself.
Howard Buffett said following his billionaire father, Warren, as chairman of Berkshire Hathaway Inc. will require upholding practices that have been prized for decades as the company grew to $240 billion in market value.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has little room to bargain as regulators probe the sale of faulty mortgage bonds.
Howard Buffett, the Berkshire Hathaway Inc. director and son of Chairman Warren Buffett, said Wall Street protesters were provoked by abuses from corporations amid a widening disparity between rich and poor.
Howard Buffett , who may help select his father’s successor at Berkshire Hathaway Inc., said Warren Buffett ’s circle of most trusted managers, like Tony Nicely and Ajit Jain , will expand to include railroad chief Matthew Rose .