#BuffettStepsDownAsBerkshireChairman
Buffett Steps Down as Berkshire Hathaway Chairman
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking another major stage in the leadership transition at the conglomerate he has led for decades.
Berkshire announced on September 18, 2026, that Buffett, 96, became Chairman Emeritus with immediate effect. He will remain on the company’s board and continue to provide his judgment and perspective. �
Berkshire Hathaway
Buffett’s son, Howard G. Buffett, was elected chairman of the board. Howard has served as a Berkshire director since 1993. Greg Abel, who succeeded Warren Buffett as CEO at the beginning of 2026, will continue running the company’s operations. �
Reuters +1
The latest change follows Buffett’s earlier transition from CEO to Abel. Buffett had served as Berkshire’s chairman since 1970, making the September 2026 move the end of more than five decades in the role. �
PBS
The new structure separates Berkshire’s operating leadership from its board chairmanship: Abel leads the business, while Howard Buffett chairs the board. Warren Buffett remains involved as a director, preserving his formal connection to the company he transformed into a major global conglomerate. �$GOOGL.US $NVDAB