nuSep 18, 2026, 11:39

Warren Buffett steps down as Berkshire Hathaway chairman

Warren Buffett has officially stepped down as chairman of Berkshire Hathaway and will now serve as chairman emeritus. He is succeeded by Howard Buffett, who is tasked with maintaining the company's corporate culture and core values.

At 96 years old, legendary investor Warren Buffett has stepped down from his role as chairman of Berkshire Hathaway. While he transitions into the role of chairman emeritus, he will continue to offer guidance on the company's operations. The firm announced that Howard Buffett, currently a leader in charitable work, will take over as chairman to preserve the company's established values and culture.

Warren Buffett, recognized as one of the world's most prominent investors, built a massive fortune through Berkshire Hathaway and is well-known for his significant philanthropic contributions. This leadership shift follows the retirement of Warren Buffett as the company's CEO, a position now held by Greg Abel. Howard Buffett brings extensive experience from previous board positions at major corporations to his new role. The company remains committed to maintaining the foundational principles instilled by Warren Buffett throughout his decades of leadership.

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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