Berkshire Hathaway Completes Leadership Transition — Warren Buffett Becomes Chairman Emeritus, Son Howard Takes Board Chair
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Warren Buffett will continue to serve as a Berkshire director.
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Howard Buffett was elected Chairman after serving on Berkshire’s board since 1993.
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Susan Decker remains Lead Independent Director, while Greg Abel continues as CEO.
Berkshire Hathaway Inc.
Warren Buffett is stepping down as chairman of Berkshire Hathaway
Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday.
In a statement, Berkshire Hathaway said Buffett had been named chairman emeritus, effective immediately, and will remain a member of the board of directors.
He will be replaced as chairman by his son,
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Read MoreWarren Buffett steps down as chairman of Berkshire Hathaway
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Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday.
“Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted,”
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Read MoreWarren Buffett Steps Down as CEO Effective Immediately After More Than 60 Years
A Shock on Wall Street
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Warren Buffett is stepping back further from Berkshire Hathaway. The 96-year-old star investor is stepping down as chairman of the company effective immediately—his son, Howard Buffett, will succeed him.
Here’s what it’s all about
- Warren Buffett is stepping down as chairman of Berkshire Hathaway effective immediately.
» Read more about: Warren Buffett Steps Down as CEO Effective Immediately After More Than 60 Years »
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» Read more about: 1 Under-the-Radar Aerospace Stock Soaring »
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