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Directorship Magazine
Warren Buffett’s Governance Philosophy, Practice, and Legacy
For decades, Warren Buffett's insights have shaped business. As he retires as CEO of Berkshire Hathaway, explore Buffett’s governance philosophy and practical wisdom gleaned from a 70-year career and service on 21 public company boards.
Discover the foundational principles—from owner orientation and shareholder stewardship to compensation rationality—that have steered his approach to stewardship, as well as how they can guide directors seeking to elevate their own approaches and ensure long-term value creation.
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Lawrence A. Cunningham is a director of Markel Group, where he chairs the nominating and governance committee, and Constellation Software, where he is vice chair. He is publisher of The Essays of Warren Buffett, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware, and professor emeritus at George Washington University. He received the NACD 2018 B. Kenneth West Lifetime Achievement Award and was recognized as one of Directors & Boards’ 2025 Directors to Watch.
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