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Buffett leaving Coke's board

February 14, 2006 | About:

Warren Buffett on Tuesday said he would step down from the board of directors of Coca-Cola to focus on his insurance conglomerate Berkshire Hathaway, but the billionaire investor will not reduce his stake in the soft drink giant.

"Buffett said that his decision was a consequence of the increased demands on his time resulting from Berkshire Hathaway's acquisitions of new companies," Coke said.

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BE361B31D%2DA462%2D40B0%2DA329%2DCC44454FB8F4%7D&dist=rss&siteid=mktw


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GuruFocus has detected 7 Warning Signs with Coca-Cola Co $ko.
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