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Jan. 20, 2011 / 1:50 PM

Warren Buffett to leave Post board

Warren Buffett, Chairman & CEO of Berkshire Hathaway, attends the 2010 Fortune Most Powerful Women Summit, on Tuesday, October 5, 2010, in Washington, DC. UPI/Leslie E. Kossoff/Pool

Warren Buffett, Chairman & CEO of Berkshire Hathaway, attends the 2010 Fortune Most Powerful Women Summit, on Tuesday, October 5, 2010, in Washington, DC. UPI/Leslie E. Kossoff/Pool | License Photo

WASHINGTON, Jan. 20 (UPI) -- U.S. business guru Warren Buffett, chairman of Berkshire Hathaway, said Thursday he was stepping down from the board of directors for The Washington Post Co.

He has been a board member twice -- once from 1974-1986, and again from 1996 until present, the Post said.

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Berkshire Hathaway is the largest common shareholder in the Post. The 80-year-old Buffett is chairman of the Post board's finance committee and has advised Post Co. Chairman Donald Graham on financial matters of the company.

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