The Washington Post Company announced today that Warren Buffet, the 80-year-old CEO of Berkshire Hathaway would not seek reelection to the board — his post is up this coming May — on which he has served for a better part of the last 37 years.
According to the Media Decoder post, Buffet’s company owns “nearly a quarter of the outstanding shares,” of the Post, making it the largest shareholder.
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