Warren Buffett steps down as chairman of Berkshire Hathaway
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Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway, becoming chairman emeritus while remaining a board director. His son Howard Buffett takes over as chairman under a long-standing succession plan, and Susan Decker remains lead independent director. Greg Abel became CEO in May 2025, ending Buffett's 60-year run atop the $1 trillion conglomerate.
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