Warren Buffett steps down as Berkshire Hathaway chairman, becomes chairman emeritus

Warren Buffett announced a leadership transition at Berkshire Hathaway, assuming the title of chairman emeritus effective immediately. The move positions the legendary investor in an advisory capacity while formally stepping aside from day‑to‑day oversight of the conglomerate’s board.

Howard Buffett, the son of Warren Buffett, will succeed his father as chairman of Berkshire Hathaway. The appointment is intended to ensure continuity in governance and to leverage Howard’s experience in both business and public policy as the company moves forward.