Ceo, Warren Buffett | featured news

Warren Buffett earned a salary of $100,000 in 2012 as chairman and CEO of his Berkshire Hathaway, an amount that has remained unchanged for more than three decades.

Warren Buffett told his company’s shareholders in an open letter Tuesday that he has been diagnosed with early-stage prostate cancer. The 81-year-old billionaire investor and CEO of Berkshire Hathaway Inc. said his condition is “not remotely life-threatening” or debilitating.

Warren Buffett, 81, did not name the candidate, and emphasized that he and his longtime business partner, the 88-year-old Charlie Munger, were not going anywhere.

The one man Berkshire Hathaway Risk Committee and Chief Risk Officer, 79 year old Warren Buffett, says that directors of major banks are "derelict" if they don't "insist that [their] CEO bear full responsibility for risk control. If he's incapable of handling that job, he should look for other employment. And if he fails at it -- with the government thereupon required to step in with funds or guarantees -- the financial consequences for him and the board should be severe."