(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman Charlie Munger will not.
FILE PHOTO: Berkshire Hathaway signs are displayed for sale at the shareholder shopping day as part of the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, May 5, 2017. REUTERS/Rick Wilking
Berkshire said on Monday that Buffett, 89, and Vice Chairman Greg Abel, 57, will be physically present to answer shareholder questions at the afternoon meeting, but other directors including Munger and Vice Chairman Ajit Jain will be absent.
The meeting is normally part of a weekend of festive events that draws more than 40,000 people to Omaha, Nebraska, where Berkshire is based, but the coronavirus pandemic forced Berkshire to scrap those events and keep shareholders away.
Many Berkshire directors live far from Omaha, including Munger, 96, and Jain, 68.
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