OMAHA, Neb. -- Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years.The company said Friday that the 96 year-old Buffett will become chairman emeritus and will take on his new role immediately. His son, Howard, will become Berkshire Hathaway’s new chairman. Howard Buffett has served as a Berkshire Hathaway board member since 1993.Warren Buffett will remain a director. He had served as Berkshire Hathaway’s chairman since 1970.Popular ReadsBuffett stepped down as CEO of the company late last year. He was succeeded by Greg Abel.
Warren Buffett steps down as Berkshire Hathaway chairman
Full Article
Original Source
Read the full article at Abcnews →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.