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Friday, December 10, 2010

BUSINESSWEEK: Berkshire’s Howard Buffett Appointed by Coca-Cola to Board

By Andrew Frye

Dec. 9 (Bloomberg) -- Berkshire Hathaway Inc.’s Howard Buffett has been named to the board of Coca-Cola Co., a post previously held by his father Warren Buffett, who controls a stake of more than 8 percent of the soft-drink maker.

Howard Buffett will serve on the company’s Public Issues and Diversity Review Committee, Atlanta-based Coca-Cola said today in a statement distributed by Business Wire. Buffett, 55, is also a director at Berkshire and has been designated by his father as a likely successor as chairman of the Omaha, Nebraska- based company.

--Editor: Dan Kraut

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