Warren Buffett steps down as chairman of Berkshire Hathaway, a post he has held since 1970.
Start Your NewsReadery Pro FREE TRIAL!
| | |
#warrenbuffett / Page 8
"Father Time always wins," the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. "He has, however, been generous with me."
Conglomerate says Warren Buffett will take on the role of chair emeritus ...
Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.
Warren Buffett is stepping down as chairman of Berkshire Hathaway, after more than 60 years guiding the firm that turned him into a household name.
Effective immediately, Greg Abel remains CEO and Susan Decker remains lead independent director. Buffett says Abel has made key decisions for some time.
Buffett was named chairman emeritus, effective immediately, and he will "continue to offer his valued judgment and perspective."
Microsoft CEO Satya Nadella says playing cricket taught him lessons about teamwork and leadership--put your team first, and bring out the best in other people--that have stayed with him throughout his career. Richard Branson says spending several ...