DJCO - Activist Investor Threats Loom Over Berkshire Hathaway In Post-Buffett Era Warns Board Member | Benzinga
In the wake of the potential departure of the current CEO, Warren Buffett, Berkshire Hathaway Inc. (NYSE:BRK) might be at risk from activist investors, alerts a member of the company’s board.
What Happened: Chris Davis, one of the directors of Berkshire Hathaway, cautioned about the possibility of activist investor pressure on the company once Buffett exits.
Buffet, 93, is nearing the conclusion of his tenure as CEO of Berkshire following the demise of his right-hand man, Charlie Munger.
Davis recognized Buffett and Munger’s dedication to their shareholders as “the greatest stewards almost in the history of capitalism," on the latest Excess Returns podcast, as reported by Business Insider. He envisions an influx of ...