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October 25, 2002
By: TOM BRANNA
Editor
Billionaire investor Warren Buffett plans to leave The Gillette Co.’s board of directors, citing the increasing demands on his time as his investment company, Berkshire Hathaway, acquires new companies including Pampered Chef and Garan Inc. He will retain his shares in Gillette.Mr. Buffett, who will have served on the Gillette board for 14 years when he leaves the board in May 2003, said Friday in a statement that Berkshire Hathaway intends to retain its holdings of Gillette stock. He also...
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