Berkshire Hathaway's Warren Buffett Steps Down as Chair, Son Howard Takes Over as Chairman

06:49 AM EDT, 09/18/2026 (MT Newswires) -- Berkshire Hathaway (BRK.A)(BRK.B) said Friday that Warren Buffett has stepped down as the company's chairman and been named chairman emeritus, starting immediately. He will remain on the board and continue to provide guidance to the company, it said. The board elected Howard Buffett as chairman, in line with Berkshire's succession plan, it added. Howard has served as a Berkshire director since 1993 and has led the Howard G. Buffett Foundation since 1999, the company said.