Berkshire’s Tom Murphy, 96, Resigns From Board After Getting Covid

Berkshire Hathaway Inc.’s Tom Murphy, a board member for nearly two decades and a longtime confidante of billionaire Warren Buffett, plans to resign after a battle with Covid-19.

“Tom phoned me today and said that recovering from a recent bout with Covid convinced him that he would feel more comfortable ending his activities at Berkshire,” Buffett, the chairman and chief executive officer, said Monday in a statement. “I accepted his wish. He will continue as a major shareholder and friend.”