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In Berkshire Hathaway's annual shareholder letter dated February 25, 2012, Buffett reported that his successor as CEO had been decided on internally although not named publicly. Although the intent of the information was to bolster self-assurance while in the Management of the "Buffett-a lot less Berkshire", critics have observed that this method 메이저사이트 of choosing a successor with out a concrete exit technique for the sitting down CEO generally leaves a company with fewer lasting alternatives, though executing very little to calm shareholder concern.[37]