Warren Buffett steps down as Berkshire Hathaway chairman
Warren Buffett will step down as chairman of Berkshire Hathaway, less than a year after handing over the CEO reins, the company said Friday. The big picture: The "Oracle of Omaha" is 96, and his insurance-to-railroads conglomerate is moving onto a new generation, with his son Howard as chairman. This is breaking news. Check back for updates.
Warren Buffett is stepping down as chairman of Berkshire Hathaway. He is 96 years old and had previously handed over the CEO reins. According to Axios, his son Howard will take over as chairman.
Berkham Hathaway is a conglomerate with businesses ranging from insurance to railroads.
The change in leadership comes as Buffett moves into a new generation at the company.
Brief written by urgent.news from Axios, Fast Company — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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