Shareholders reject proposals for independent chair and greater disclosure of company’s climate-related risks
Berkshire Hathaway Inc shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett, and require his company to disclose more about its climate-related risks and efforts to improve diversity.
Shareholders supported letting 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. Buffett, 91, has run Berkshire since 1965.
