California pension fund to vote to replace Buffett as Berkshire’s chairman
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California pension fund to vote to replace Buffett as Berkshire’s chairman

Jairo Ibarra
April 20, 2022
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The largest US pension fund, California Public Employees’ Retirement System (Calpers), said it will vote on a proposal to replace Warren Buffett as chairman of Berkshire Hathaway.

The shareholders' proposal, however, mentioned that Buffett should remain as Berkshire Hathaway’s CEO.

Calpers argued in its proposal that the roles “are greatly diminished when held by a singular company official, thus weakening its governance structure.”

The

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News Operations/tech Berkshire Hathaway
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Jairo Ibarra
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