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- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 26
I hope Berkshire inducts Tim Cook to the BOD. Now that he is retiring as CEO of Apple, there should not be a conflict of an “insider” of a major holding of BRK serving on the BOD.
Ken Chenault joined the BOD in 2020 after he retired as Amex CEO.
Tim would be a great role model and mentor to Abel, in addition to Buffett. Plus he would bring expertise in tech, lacking since Bill Gates’s departure.
No. of Recommendations: 2
Cook is going to be the executive chairman at Apple
No. of Recommendations: 1
I hope Berkshire inducts Tim Cook to the BOD. Now that he is retiring as CEO of Apple, there should not be a conflict of an “insider” of a major holding of BRK serving on the BOD.
Tim Cook is retiring as CEO of Apple, but he isn't retiring from Apple yet. But I agree, after he retires from Apple in 2-3 years, he would make a good addition to the Berkshire BOD.
No. of Recommendations: 8
But I agree, after he retires from Apple in 2-3 years, he would make a good addition to the Berkshire BOD.
My question is: Why would Tim Cook want to join the BRK board?
o Pay is negligible.
o The board is rarely consulted on investment decisions. Greg can call Tim if he wishes.
o BRK does not provide its directions with liability coverage.
o He can already access Buffett, or Greg, anytime he wishes. In reality, what could they teach him?
o He doesn't gain any prestige from being on the board, unlike many others.
o He doesn't owe Buffett any favors to help oversee BRK.
People just assume being on the BRK board is a big deal. It isn't for some people.
I'll never be invited. But if I should, I would say no. Why expose my family to liability, however remote?
