During the Berkshire Hathaway annual meeting on Saturday in Omaha, Peter Flaherty had his microphone cut, was arrested, and forcibly removed from the arena.
Flaherty is the Chairman of the National Legal and Policy Center (NLPC), which was the sponsor of Proposal #8 to “require hereafter that two separate people hold the office of the Chairman and the office of the CEO.”
In support of this resolution for an independent chair, Flaherty attempted to assert that Berkshire “would be less identified with Mr. Buffett’s personal political activities,” and cited Buffett’s support for the Bill and Melinda Gates Foundation, among other factors.
Resolution proponents were allowed three minutes each to speak in support of their proposals. Three other proponents spoke before Flaherty without interruption, including Michael Frerichs, Treasurer of Illinois.