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Berkshire Hathaway has Rejected a Shareholder Proposal to Oust Warren Buffett as Chairman.

Berkshire Hathaway CEO Warren Buffett Berkshire Hathaway Inc. recommended shareholders to reject four shareholder recommendations on March 11 that included replacing Warren Buffett as chairman, reporting on its strategies to deal with climate risk, reducing greenhouse gas emissions, and improving diversity, according to Reuters. If Warren Buffett is unable to continue in these duties, Abel will become CEO and Buffett's son Howard will become non-executive chairman, according to Berkshire.
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