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Warren Buffett Exits Berkshire Chairmanship; Son Howard Takes Over

September 19, 2026 • Economy
Warren Buffett has stepped down as Chairman of Berkshire Hathaway after more than 60 years of leadership, marking the end of an era for the global investment giant. His son, Howard Buffett, has taken over as Chairman, while Greg Abel continues as CEO. Buffett, now Chairman Emeritus, will remain on the company’s board and continue to offer his guidance. Under his leadership, Berkshire Hathaway grew from a struggling textile business into a trillion-dollar conglomerate, making him one of the world’s most influential investors.

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