Warren Buffett Abruptly Steps Down as Berkshire Chair, Handing Role to Son Howard Warren Buffett's sudden departure as chairman of Berkshire Hathaway is a significant moment for the company and the business world.
At 96, Buffett has left behind a legacy that will be closely watched by investors and corporate leaders.
Buffett's decision to step down marks the culmination of a long planned succession process, with his son Howard set to take over as chairman.