Warren Buffett steps down; Howard Buffett named Berkshire chair
Warren Buffett said Friday he is stepping down as chairman of Berkshire Hathaway, naming his 71-year-old son Howard Buffett as the new chair.
Warren Buffett said Friday he is stepping down as chairman of Berkshire Hathaway, and said his 71-year-old son Howard Buffett will be the new chair. The move to name Howard, who goes by Howie, has long been part of the succession planning at the $1 trillion conglomerate Warren Buffett has built.