The New Buffett Chairing Berkshireโs Board Knows the Firm Well
Howard Buffett, the eldest son of legendary investor Warren, is already well-versed in corporate governance as he takes over for his father as chairman of Berkshire Hathaway Inc.
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Howard Buffett, the eldest son of legendary investor Warren, is already well-versed in corporate governance as he takes over for his father as chairman of Berkshire Hathaway Inc.
Warren Buffett is stepping down as Chairman of Berkshire Hathaway Inc. and will be replaced by his son Howard. The billionaire will become chairman emeritus of the company, effective immediately. Alex Rajbhandari reports. (Source: Bloomberg)
Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role at the conglomerate for more than 50 years. Buffett, 96, will become chairman emeritus and will take on his new role immediately, the company said on Friday. His son, Howard, will become Berkshire Hathawayโs new chairman, part of a long-planned succession. Howard Buffett has been on the Berkshire Hathaway board since 1993. Warren Buffett will remain a director. He has served as Berkshire Hathawayโs...