Berkshire Hathaway’s highlights on the company’s 2011 progress is headed by the item on succession planning. In his letter dated 25 February 2012 for FY2011, Warren Buffett said: “The primary job of a Board of Directors is to see that the right people are running the business and to be sure that the next generation
warren buffett succession planning
Warren Buffett is a great believer in succession planning. In his chairman’s letter (28 February 2006) to Berkshire Hathaway shareholders for Year 2005, he said: “As owners, you are naturally concerned about whether I will insist on continuing as CEO after I begin to fade and, if so, how the board will handle that problem.