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Warren Buffett steps down as Berkshire Hathaway chair
Warren Buffett announced Friday he will step down as chair of Berkshire Hathaway, the company he has led for more than 60 years. The billionaire investor, who recently turned 96, will remain on the company’s board as chair emeritus. He named his son, Howard Buffett, as the next chair, effective immediately. In a letter to…
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Source context: Warren Buffett will step down as chairman of Berkshire Hathaway, less than a year after handing over the CEO reins, the company said Friday.The big picture: The "Oracle of Omaha" is 96, and his insurance-to-railroads conglomerate is moving onto a new generation, with his son Howa…
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1 publisher
Warren Buffett will step down as chairman of Berkshire Hathaway, less than a year after handing over the CEO reins, the company said Friday.The big picture: The "Oracle of Omaha" is 96, and his insurance-to-railroads conglomerate is moving onto a new generation, with his son Howard as chairman. This is breaking news. Check back for updates.
3 publishers
Warren Buffett announced Friday he will step down as chair of Berkshire Hathaway, the company he has led for more than 60 years. The billionaire investor, who recently turned 96, will remain on the company’s board as chair emeritus. He named his son, Howard Buffett, as the next chair, effective immediately. In a letter to…
He had served as Berkshire Hathaway’s chairman since 1970.
Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.
2 publishers
Warren Buffett stepped down as chairman of Berkshire Hathaway on Friday, ending a six-decade run at the helm of the conglomerate he built from a struggling textile company into one of the world’s most valuable businesses. Buffett, 96, will become chairman emeritus and remain on Berkshire’s board of directors, the company announced. His son, Howard…
Warren Buffett, one of the world’s best-known investors with a net worth exceeding $145 billion, will be stepping down as the chairman of Berkshire Hathaway.
