Warren Buffett turns a page after 56 years at Berkshire but remains at the heart of the group

Warren Buffett stepped down as chairman of Berkshire Hathaway on September 18, 2026, after 56 years at the helm. At 96, he becomes honorary chairman, with his son Howard Buffett succeeding him. Greg Abel, appointed president and CEO, will make operational decisions, while Howard Buffett focuses on preserving the company's culture. Buffett will remain a board member and shareholder of the conglomerate.