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News 2026-09-18 12:59 UTC

Warren Buffett steps down as Berkshire chairman, son named successor

Berkshire said on Friday that Buffett had been named chairman emeritus with immediate effect but would remain on the board of directors and continue to provide his "judgment and perspective".His son, Howard G Buffett, who has been a Berkshire director since 1993, has been elected chairman, while Gr…

News 2026-09-18 12:31 UTC

Buffett Steps Down as Berkshire Chairman

Warren Buffett (Trades, Portfolio) said he is stepping down as Berkshire Hathaway (NYSE:BRK.B) chairman, effective immediately. The 96-year-old becomes chairman emeritus and remains a director. His son Howard Buffett takes the chairmanship under a long-standing succession plan, while Susan Decker c…