Berkshire Hathaway: "He always had a strong moral compass": Howard Buffett steps into the spotlight
The eldest son of the star investor will in future head the board of directors of Berkshire Hathaway. Who is the man who has deliberately decided against an operational role in the company?
Howard Buffett, the eldest son of billionaire investor Warren Buffett, has been appointed chairman of Berkshire Hathaway's board of directors, effective immediately. He has been a board member since 1993 and previously worked at See's Candy, a confectionery company owned by Berkshire, and served as a sheriff. Warren Buffett, who stepped down as CEO in January, has entrusted his son with preserving the company's culture and moral compass.
Howard Buffett's appointment comes as Warren Buffett prepares to transfer his stake in Berkshire to his children, with plans to give away his entire stake by 2034.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
