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Warren Buffett wants farmer son to succeed him

This article was posted on Dec 10, 2011 and is filed under Market News

CHICAGO (MarketWatch) — Warren Buffett has told the CBS News program “60 Minutes” that after he dies, he wants his son to become non-executive chairman of Berkshire Hathaway . Howard Buffett, a farmer with no college degree, would be a good successor, the elder Buffett said, because he understands the values of the company. For his part, Howard Buffett is amenable to the plan, he told the newsmagazine, as long as he doesn’t have to stop growing corn and soybeans. CBS released portions of the interview Friday ahead of its Sunday evening broadcast.

Source: Yahoo Finance

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