Buffett’s Son Steps Down From Coke Board to Focus on Charity

Howard Buffett, the son of Berkshire Hathaway Inc. Chairman Warren Buffett, is stepping down from the board of Coca-Cola Co. to spend more time working at his foundation.

The director, who is 61, won’t stand for re-election at the soft-drink maker’s annual meeting in April, according to a statement Thursday. Berkshire is the largest shareholder in Atlanta-based Coca-Cola.