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U.S. Board Members Getting Older

15% of directors at S&P 500 companies are over 69.

By Andrew Frye, Jeff Green, Bloomberg | Updated on September 15, 2011

Tom Perkins, who is leaving the News Corp. board next month after saying two octogenarian directors are too many, wouldn’t feel so old if he served at Warren Buffett’s Berkshire Hathaway Inc.

Buffett, 81, and Vice Chairman Charles Munger, 87, are among six directors on the 12-member board at Omaha, Nebraska-based Berkshire who are at least 80 years old. News Corp. Director Kenneth Cowley, 76, is also stepping down at the firm’s Oct. 21 annual meeting as Chairman and Chief Executive Officer Rupert Murdoch, 80, adds 50-year-old James Breyer to the board.

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