Warren Buffett says Berkshire has 'right person' as heir

28/02/2015 - 14:40

NEW YORK (Reuters) - Warren Buffett, in his 50th anniversary letter to shareholders, said on Saturday that Berkshire Hathaway had finally chosen the right person to succeed him.

"Both the board and I believe we now have the right person to succeed me as CEO ? a successor ready to assume the job the day after I die or step down," the billionaire investing icon said, in a missive celebrating five decades heading the conglomerate.

(Reporting by Luciana Lopez; Editing by David Holmes)