Buffett Hands Berkshire Hathaway Chair to Howard in Planned Transition

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Source: bbc.com
Buffett Hands Berkshire Hathaway Chair to Howard in Planned Transition
Photo: bbc.com
TL;DR Summary

Warren Buffett steps down as Berkshire Hathaway chairman after six decades, handing non-executive duties to his son Howard while Buffett becomes chairman emeritus and stays on the board to offer judgment and perspective; Greg Abel remains CEO and day-to-day operations will stay steady in an orderly baton-passing transition.

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