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Howard Buffett, the farmer who will be the "guardian" of his father's legendary conglomerate

Warren Buffett sella el proceso de transición en Berkshire Hathaway, que comenzó hace unos meses con el relevo de la presidencia ejecutiva a Greg Abel

Translated from Spanish Read in Spanish

Howard Buffett, the farmer who will be the "guardian" of his father's legendary conglomerate

Warren Buffett has stepped down as chairman of Berkshire Hathaway, passing the role to his son Howard. The 96-year-old investor said in a letter to shareholders that Howard will serve as a sort of protector of the company's culture and values, while Greg Abel will continue to lead investment management. Howard Buffett, 71, has been a director at Berkshire Hathaway for 33 years and has a background in philanthropy, farming, and photography.

His father described him as a kind of insurance policy for shareholders, providing an additional layer of protection for the $1.1 trillion conglomerate.

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

Also reported by 1 other outlet

Read the original at elpais.com →

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