Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'

Warren Buffett stepped down as chairman of Berkshire Hathaway, with his son Howard Buffett assuming the role, the company announced. The transition followed a succession plan established by the company prior to this announcement. Buffett, who founded and led Berkshire Hathaway for decades, had previously indicated his intention to eventually step down from the chairman position.

Next story