The final change of the guard at the storied Berkshire Hathaway (BRK-B). Berkshire Hathaway said Friday that Warren Buffett, 96, will step down as chairman effective immediately. He will move to the chairman emeritus role. In his place as chair will be his son Howard G. Buffett, as has been telegraphed would happen for years. Board life will now look much differently for Howard, who has a striking resemblance to his legendary investor dad. And he knows the transition will change his life, which has long consisted of frequent world travel for philanthropic ventures alongside a daily routine of being a farmer who tills his own land. "I've been to 155 countries or something. And I'm on the road a lot. I've been in Ukraine five times in 2022.
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