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Buffett Chooses Successor; Doesn't Make Name Public

By Aggregated Content in Financial Reports on February 27, 2012 from http://c.moreover.com/click/here.pl?z5995784630&z=1250249032 Warren Buffett resisted pressure on Monday to identify his successor as chief executive officer of Berkshire Hathaway, saying the person who has been chosen does not even know it himself.

In his annual investor letter on Saturday, Buffett said Berkshire's board had identified someone who will replace him as CEO when the 81-year-old investor eventually leaves the post.

But he did not identify that person in the letter, and in a CNBC interview on Monday, he rejected suggestions that he should.

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