Official announcements from Berkshire Hathaway or major financial news outlets

Howard Buffett to Become Chairman of Berkshire Hathaway

Jan 11, 2025, 03:28 PM

Howard Buffett, the son of Warren Buffett, is set to become the chairman of Berkshire Hathaway. His primary responsibility will be to uphold the company’s culture and ensure that the CEO adheres to it. This move aligns with Warren Buffett’s longstanding emphasis on maintaining the unique values and operational philosophy that have defined Berkshire Hathaway’s success. Warren Buffett, who has no plans to step aside, has expressed confidence in his son’s ability to preserve the company’s ethos. Berkshire Hathaway will continue its tradition of holding annual meetings and Q&A sessions even after Warren Buffett’s eventual departure.