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Warren Buffett steps down as Berkshire Hathaway chair

Warren Buffett steps down as Berkshire Hathaway chair

Also reported by PBS NewsHour, Guardian Business, Axios

Summary

Warren Buffett, who has led Berkshire Hathaway for over 60 years, will step down as the company’s chair. He will stay on as chair emeritus, and his son Howard Buffett will take over as chair immediately.

Key Facts

  • Warren Buffett is 96 years old.
  • He has been the chair of Berkshire Hathaway for more than 60 years.
  • Buffett will step down as chair but remain on the board as chair emeritus.
  • Howard Buffett, Warren’s son, is the new chair of Berkshire Hathaway.
  • The leadership change takes effect immediately.
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