warren-buffett-omaha

The Oracle of Omaha is proactive when it comes to his succession plan.

Read: Create a stronger succession plan

Warren Buffett has appointed two new vice-chairs to Berkshire Hathaway—a move that’s part of his ongoing succession plan; not related to his health, he told CNBC on Jan. 10. The new vice-chairs are Gregory Abel and Ajit Jain.

Read: Training: Not only for rookies

If his health were an issue, Buffett said he’d tell the board and Berkshire shareholders “immediately,” CNBC reports.

Read: Let clients know about these will restrictions

Buffett added that the Berkshire board knows who would take over if something were to happen to him.

Read the full CNBC report.

Also read:

Behind-the-scenes look at Buffett’s AGM

How are you preparing for succession?

Clients need your push to plan for succession

Originally published on Advisor.ca
Add a comment

Have your say on this topic! Comments are moderated and may be edited or removed by
site admin as per our Comment Policy. Thanks!