1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Long Time Berkshire Hathaway Director Ronald Olson Discusses Succession Planning at Berkshire

May 03, 2013 | About:

Ron Olson has been Warren's main legal advisor throughout his entire career. He is also a long time Berkshire Hathaway Director and Partner at the law firm Charlie Munger founded.

Olson who is based in California thinks the housing recovery is "real" in his state. He thinks there is fundamental strength behind the improvements in both housing and the California economy.

When asked about Buffett's successor Olson notes that Berkshire "pays for performance". The next CEO is going to have a chance to make a great living if performance dictates it. The Berkshire Board has Buffett's input on his successor's pay structure and Olson thinks they are very prepared for when the time comes.

About the author:

Canadian Value

Rating: 3.3/5 (3 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

pbarker46PB Stocks, Canada
doniemaherScreen #23 - Lo Debt, Profitab
pbarker46PB Stocks, USA
OGCAMGDelisting risk
pbarker46PB Stocks
pbarker46PS Stocks
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)