Berkshire Hathaway Director Olson to lower the Buffett opposes shareholders’ offers

By Jonathan Stempel

(Reuters) – Berkshire Hathaway, Director Ronald Olson, except as directors, said he would leave the board for a policy change to take a step back after returning to the 80’s.

For a 3-year meeting of Nebraska, Berkshire in the Proxy statement, the proposal of its board, including 7 shareholders, including its side diversity and anti-discriminatory efforts.

Berkshire, as well as Buffett’s compensation in 2024, the regular $ 100,000 salary and home security was $ 405.111 in 2024.

As the CEO, Buffett, the Deputy Chairman Greg Abel and Deputy Chairman Ajit Jain saw that the compensation of the compensation increased from $ 1 million to $ 28 million.

Habil, 62, BNSF railways and Berkshire Hathaway controls insurance companies such as energy, Jain, 73, Geico car insurance as insurance companies such as car insurance.

83, Olson, legislative Munger, Tolles & Olson’s partner and became the director of Berkshire since 1997.

Due to the new age limit in corporate governance instructions, leaving the 14-member board of Berkraine. All other directors other than Buffett are 75 or higher.

Olson did not respond immediately to surveys for comment.

Buffett is an excuse age because it manages 30.3% of the voting power of Berkshir, causes the exception to people who control at least 5%.

The 94-year-old billionaire also has 14.4% of the Berkshire Stock. If the independent directors want to stay, he would allow the director to remain after retirement.

Shareholders’ proposals include decisions of conservative investors, business experience includes resolution of security investors who provide information on risks of risks of risks of risks, color, religion, sexual or branches and branches.

Berkshire’s management staff is unnecessary, branches have determined their policies and “Berkshir’s approach is simple – follow the law and do the right thing.”

The Board also opposed the proposal to create a committee, which controlled the variety and entering and entering the variety of the audit committee.

It is not necessary and non-centralized culture of independent directors, artificial intelligence to be detained and non-centralized culture of Berkshire.

(Report by Jonathan Stempel in New York; Edit by Richard Chang)