Berkshire Hathaway's CEO Now Has to Consult Howard Buffett Before Buying Back Stock
The title is moving to his son. The $365 billion isn't.
Warren Buffett has been named chairman emeritus of Berkshire Hathaway, effective immediately. His son, Howard Buffett, has taken over as the company's new chairman. Warren Buffett will remain a member of the board.
Howard Buffett has been a director at Berkshire Hathaway since 1993. Warren Buffett had been chairman for 56 years, a role he held since 1970. He had already passed the CEO role to Greg Abel at the end of last year.
The change in leadership did not have a significant impact on Berkshire's share price. According to Yahoo Finance, the "Buffett premium" largely came out of the stock after Buffett announced his retirement from the CEO role in May 2025.
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- Warren Buffett Is No Longer Berkshire's Chairman. Here’s Why I'm Buying the Stock Anyway. finance.yahoo.com
- Warren Buffett Is No Longer Berkshire's Chairman. Here’s Why I'm Buying the Stock Anyway. fool.com
- Warren Buffett Is No Longer Berkshire's Chairman. Here’s Why I'm Buying the Stock Anyway. nasdaq.com
