Famed stock picker Warren Buffett says his company, Berkshire Hathaway, should look beyond investment expertise when selecting its next chief executive.
A CEO should have "a significant array of skills", Buffett, 84, said last weekend at Berkshire's annual meeting in Omaha, Nebraska.
Shareholders have speculated for years about who will eventually replace Buffett as CEO. The billionaire, who is also chairman, has said his son Howard Buffett could replace him as head of the board, and that money managers Todd Combs and Ted Weschler could handle the company's investments.
Berkshire has a stock portfolio valued at more than US$100 billion.
In his annual report to shareholders in February, Buffett outlined the qualities he and the board were looking for in his successor, while keeping the leading candidate's identity secret.