{
  "id": 8232245,
  "title": "Warren Buffett steps down as Berkshire chairman after six decades, as son takes over",
  "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-chairman-after-six-decades-as-8232245",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T11:08:35.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/business/2026/09/18/warren-buffett-steps-down-as-berkshire-chairman-after-six-decades-as-son-takes-over/"
  },
  "original_language": "en",
  "account": "Warren Buffett, the 96-year-old chairman of Berkshire Hathaway, has announced his retirement after more than six decades in the company's top leadership position. As of Friday, Buffett will be designated as chairman emeritus, while his son, Howard, who has been a director since 1993, has been elected as the new chairman.\n\nIn a letter to shareholders, Buffett expressed his gratitude for the privilege of serving as chairman, stating that the time was right to complete the leadership transition. He praised Greg Abel, who became chief executive earlier in the year, for exceeding his expectations and running the company efficiently.\n\nBerkshire Hathaway, under Buffett's guidance, has evolved from a struggling textile manufacturer to a global conglomerate with diverse businesses in insurance, energy, rail, manufacturing, services, and retail. Buffett highlighted Howard's role in preserving the company's culture and values, likening him to a policy that shareholders own and hope never to claim against.\n\nHoward Buffett, who has led the Howard G. Buffett Foundation since 1999, will continue this philanthropic work. Despite his retirement, Warren Buffett expressed confidence in Berkshire's future, affirming that the company was \"in excellent hands.\"",
  "summary": "Warren Buffett has stepped down as chairman of Berkshire Hathaway and been named chairman emeritus with immediate effect, ending his more than six-decade tenure in the company’s top leadership role. Mr Buffett, 96, is to remain on Berkshire’s board as a director and will continue to provide his “judgment and perspective”, the US company said on Friday. His son, Howard, a Berkshire director since…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "El Pais",
        "title": "Warren Buffett anuncia el adiós definitivo y cede la presidencia de Berkshire Hathaway",
        "url": "https://urgent.news/2026/09/18/warren-buffett-anuncia-el-adios-definitivo-y-cede-la-presidencia-de",
        "published": "2026-09-18T10:33:06.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Warren Buffett steps down as Berkshire Hathaway chairman, named chairman emeritus",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-named",
        "published": "2026-09-18T10:35:46.000Z"
      },
      {
        "outlet": "CityNews",
        "title": "Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-a-post-he-8242930",
        "published": "2026-09-18T10:38:53.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-a-post-he",
        "published": "2026-09-18T10:38:53.000Z"
      },
      {
        "outlet": "The Sydney Morning Herald",
        "title": "Warren Buffett, 96, steps down as Berkshire Hathaway chairman",
        "url": "https://urgent.news/2026/09/18/warren-buffett-96-steps-down-as-berkshire-hathaway-chairman",
        "published": "2026-09-18T10:54:41.000Z"
      },
      {
        "outlet": "The Age",
        "title": "Warren Buffett, 96, steps down as Berkshire Hathaway chairman",
        "url": "https://urgent.news/2026/09/18/warren-buffett-96-steps-down-as-berkshire-hathaway-chairman-8235280",
        "published": "2026-09-18T10:54:41.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "Howard Buffett: The man taking over Berkshire chair",
        "url": "https://urgent.news/2026/09/18/howard-buffett-the-man-taking-over-berkshire-chair",
        "published": "2026-09-18T10:56:06.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Warren Buffett stepping aside as Berkshire Hathaway chairman",
        "url": "https://urgent.news/2026/09/18/warren-buffett-stepping-aside-as-berkshire-hathaway-chairman",
        "published": "2026-09-18T11:01:00.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "Warren Buffett steps down as Berkshire chairman after six decades, as son takes over",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-chairman-after-six-decades-as",
        "published": "2026-09-18T11:08:35.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Warren Buffett steps down as Berkshire Hathaway chairman: Here's who will take over and what all will change",
        "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-heres-who",
        "published": "2026-09-18T11:15:54.000Z"
      },
      {
        "outlet": "Global News",
        "title": "Warren Buffett, 96, steps down as Berkshire Hathaway chairman",
        "url": "https://urgent.news/2026/09/18/warren-buffett-96-steps-down-as-berkshire-hathaway-chairman-8243851",
        "published": "2026-09-18T12:14:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}