Buffett Passes Berkshire Chair to His Son Amid Succession Plan

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Source: The New York Times
Buffett Passes Berkshire Chair to His Son Amid Succession Plan
Photo: The New York Times
TL;DR

Warren Buffett, 96, steps down as Berkshire Hathaway's chairman and becomes chairman emeritus, remaining on the board; his son Howard G. Buffett will take over as chairman, continuing a long-planned leadership transition after Buffett had already relinquished the CEO role, with Greg Abel having taken over that position earlier.

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