What the sources add
“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
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NYTimes – Business NYT
Warren Buffett Steps Down as Berkshire Chairman and Names Son to Replace Him
“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.
Guardian
Warren Buffett steps down as chair of Berkshire Hathaway after over 50 years
Buffett, 96, will become chair emeritus and remain director as his son, Howard, will step in as company’s new chair Warren Buffett is stepping down as chair of Berkshire Hathaway after serving in the role at the conglomerate for more than 50 years. The 96-year-old will become chair emeritus and will take on his new role immediately, the company said Friday. Buffett’s son, Howard, will become Berkshire Hathaway’s new…
