Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska on May 4, 2019. Photo: Reuters
Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska on May 4, 2019. Photo: Reuters

US pension giant Calpers plans to vote to replace Warren Buffett as Berkshire Hathaway’s chair

  • Calpers has over US$450 billion in assets under management and about US$2.3 billion in Berkshire shares
  • Berkshire opposes the proposal, saying last month that Buffett should continue in both roles

Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska on May 4, 2019. Photo: Reuters
Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska on May 4, 2019. Photo: Reuters
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