Coca-Cola investor leaves board

COCA-COLA said billionaire investor Warren Buffett, the soft-drink maker’s largest shareholder, is to leave the board after 17 years.

Mr Buffett wants to spend more time managing Berkshire Hathaway Inc, Atlanta-based Coca-Cola said.

Berkshire holds an 8.4% stake worth $8 billion (€6.72bn) and will continue as a shareholder. Mr Buffett joined the board in 1989 and his term expires on April 19.