Warren Buffett Ceo Quotations

Berkshire's board has fully discussed each of the three CEO candidates and has unanimously agreed on the person who should succeed me if a replacement were needed today. The directors know now - and will always know in the future - exactly what they will do when the need arises.

Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.

We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.

It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.