Warren Buffett to leave Washington Post board
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Billionaire investor Warren Buffett is leaving the board of the Washington Post Co. after spending decades as a close adviser to the publisher's management.
Buffett, whose company Berkshire Hathaway Inc. owns 1.7 million Washington Post shares, first joined the Post's board in 1974, and except for one eight-year break he has remained on the board since then. In a statement Thursday, Buffett said he will continue to offer any help to the company that management asks. But he will step down from his formal role in May, when his current term as director expires. (AP)
