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Warren Buffett is also stepping down as chairman of Berkshire Hathaway

96-year-old Warren Buffett has already given up his role as CEO this year. His son Howard Buffett will become chairman of the board of Berkshire Hathaway.

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Warren Buffett is also stepping down as chairman of Berkshire Hathaway

Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway, with his son Howard Buffett taking over the role. Buffett will remain as honorary chairman, providing guidance to the company. He had already relinquished his position as CEO earlier in the year, handing over to Greg Abel. Berkshire Hathaway has recently made moves including exiting tech stocks like Apple and re-entering the media industry with a stake in the New York Times.

Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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