On March 22, 2022, after more than 44 years of dedicated service to Daily Journal Corporation, Gerald L. Salzman retired as the company's President and Treasurer. Also on March 22, 2022, the Board of Directors of the company elected Steven Myhill-Jones as the company's Chairman. Mr. Myhill-Jones, 46, is a Canada-based technology executive, entrepreneur and investor.

He founded web-based geography software company Latitude Geographics in 1999, and served as its Chairman, President and CEO until September 2018. In addition, on March 22, 2022, the Board elected Tu To as the company's Chief Financial Officer. Ms. To, 59, has been the company's Vice President since September 2019, its Controller since 1994, and has worked in the company's accounting department since 1987.

She will serve as the company's principal financial officer and principal accounting officer. On March 22, 2022, the Board increased the size of the Board from four to five, and elected Mr. Myhill-Jones to fill the vacancy. As noted above, the Board also elected him Chairman, following Charles T. Munger's decision to relinquish that title.