Warren Buffet will remain Berkshire Hathaway’s chairman, shareholders vote says – The National

Warren Buffet will remain Berkshire Hathaway’s chairman, shareholders vote says – The National

RELATED: Gautam Adani edges past Warren Buffett to become world's 5th-richest person

Berkshire Hathaway shareholders on Saturday rejected proposals to have an independent chairman to replace Warren Buffett, and require his company to disclose more about its climate-related risks and efforts to improve diversity.

Shareholders supported letting Mr Buffett keep both the chairman and chief executive roles by a nearly 6-to-1 margin, Berkshire said at its annual meeting in Omaha, Nebraska.