Two Iscar execs could replace Buffett

By GLOBES
April 22, 2012 15:30

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Two executives of Iscar Ltd. are candidates to succeed Berkshire Hathaway Inc. (NYSE: BRK.A) chairman and CEO Warren Buffett says "Wall Street Journal" columnist Jason Zweig: Iscar CFO Danny Goldman and CEO Jacob Harpaz.

Zweig bases his assessment on Buffett's annual letters to shareholders. Zweig ranks Goldman and Harpaz in 14th and 15th place as possible Buffett successors. They are far below the rankings of Ajit Jain, head of Berkshire's reinsurance group, whom Buffett sites 102 times in his annual letters, and Geico CEO Tony Nicely, who is cited 60 times. Buffett has written more than 400,000 words in his annual letters since 1977.

Last week, the 81-year old Buffett announced that he had stage 1 prostate cancer, the least malignant form of the disease, and that he will undergo chemotherapy. He is optimistic and says that he will continue running Berkshire Hathaway.

Nonetheless, the announcement raised concern about the day after Buffett, and who his successor will be. He has already said that Berkshire Hathaway's board of directors has picked a successor with two alternatives if necessary, but he has declined to mention any names.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 20, 2018
Two killed in shooting at Chicago hospital, including gunman

By REUTERS