Warren Buffett Steps Down as Berkshire Hathaway Chairman
Investor's son Howard Buffett to take over as chairman, while Warren Buffett becomes chairman emeritus, according to a report by Al Jazeera.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, according to a report by Al Jazeera.
The report said Buffett will assume the role of chairman emeritus immediately, while his son, Howard Buffett, will become the company's new chairman.
Details on the transition, including its effective date and any further changes to Berkshire Hathaway's leadership structure, were not immediately available beyond what was reported by Al Jazeera.
Berkshire Hathaway has not issued a separate statement confirming the change at the time of this report.
Sources
- Warren Buffett steps down as Berkshire Hathaway chairman — Al Jazeera — All
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Buffett Steps Down as Berkshire Hathaway Chairman, Hands Role to Son Howard
The move marks a further step in Warren Buffett's succession plan aimed at preserving Berkshire Hathaway's culture, according to CNBC.
Warren Buffett Steps Down After Six Decades Leading Berkshire Hathaway
The billionaire investor, who took control of the company in 1965, said "Father Time always wins" as he ended his tenure at the helm.
Dangote Refinery's $1.6 Billion Share Offer Seen as Out of Reach for Many Nigerians
Africa's richest man, Aliko Dangote, is seeking $1.6 billion from investors to fund a major expansion of his oil refinery, but analysts say the offer may be unaffordable for ordinary Nigerians.
Venezuela's PDVSA Signs Energy Cooperation Deal with TotalEnergies Subsidiary
Acting President Delcy Rodriguez oversaw the signing of an agreement between state oil company PDVSA and TotalEnergies E&P New Ventures in Caracas, according to Anadolu Agency.
Fair Featuring Veteran-Owned Businesses and Craft Producers Held at Carpathian Economic Forum
Event brought together local artisans and businesses run by veterans as part of a wider regional economic gathering
Chiltern Railways becomes sixth train operator to enter UK public ownership
The London Marylebone-to-Birmingham operator is the latest to be nationalised as Labour presses ahead with plans to bring all major passenger rail services under public control by the end of 2027.
Comments
Loading comments…