Warren Buffett steps down as Berkshire Hathaway chairman, after holding the post since 1970
Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role at the $1 trillion conglomerate for more than 50 years.
2 sourcesHeat 2.3Updated Sep 18
Warren Buffett steps down as Berkshire Hathaway chairman, after holding the post since 1970
2 articles from PBS NewsHour, CNBC.
News Clarion synthesisAcross 2 sources
Warren Buffett stepped down as chairman of Berkshire Hathaway after more than 50 years in the role at the $1 trillion conglomerate. His son Howard will replace him as chairman, following a long-standing succession plan. Buffett characterized the move as inevitable, saying 'Father Time always wins.'
AI-generated summary of 2 source articles. Not original reporting — every claim links to its source below.
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Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'
Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.