Summary
Warren Buffett will leave his role as chairman of Berkshire Hathaway, less than a year after he stopped being the CEO. His son, Howard Buffett, will become the new chairman of the company.
Key Facts
- Warren Buffett is currently 96 years old.
- He previously served as both CEO and chairman of Berkshire Hathaway.
- Buffett stepped down as CEO less than a year ago.
- Now, he will also step down as chairman.
- Howard Buffett, Warren's son, will take over as chairman.
- Berkshire Hathaway is a large company involved in industries like insurance and railroads.
- The company is transitioning leadership to the next generation.
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
