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Buffett Gets Rare Rebuke as Calpers Urges New Chair at Berkshire

(Bloomberg) — California Public Employees’ Retirement System, the largest U.S. public pension fund, said it plans to vote for a shareholder proposal that Berkshire Hathaway Inc. select an independent chairman, marking a rare rebuke of billionaire Warren Buffett, who’s both head of the board and the conglomerate’s chief executive officer. Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Craters After Shock Subscriber Drop, ‘About-Face’ on AdsUkr

Warren Buffett Stocks: What’s Inside Berkshire Hathaway’s Portfolio?

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In One Chart: Fed may need to be even more aggressive fighting inflation as U.S. household cash exceeds debt for first time in three decades, warns Deutsche Bank

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