Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him
“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. “He has, however, been generous with me.”
We haven't written up this one. The New York Times has the full story — the link below goes straight to it.
Also reported by 4 other outlets
- Warren Buffett is stepping down as Berkshire Hathaway's chairman qz.com
- Warren Buffett steps down as Berkshire chair moneyweb.co.za
- Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins' cnbc.com
- Berkshire Hathaway names former CEO Warren Buffett as chairman emeritus business-standard.com