Warren Buffett Fires CEO For Taking Island Vacation On Company’s Dime.
Buffet: You’re Fired !
It’s sad to say, but true: Even Warren Buffett fires people.
After Denis Abrams, CEO of Benjamin Moore — a company owned by Buffett’s Berkshire Hathaway — used company money to take his corporate staff on a getaway to Bermuda to celebrate the company’s first quarterly sales increase in years, Buffett fired Abrams, the New York Post reports. The island getaway allegedly included a dinner cruise aboard a yacht that some vacation attendees believed was owned by singer Jimmy Buffett.