Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970
Warren Buffett stepped down as chairman of Berkshire Hathaway after over 50 years in the role. At 96, he will transition to chairman emeritus, effective immediately, while his son, Howard, assumes the chairmanship. This change marks a significant leadership shift for the company, which Buffett has led since 1970.