Warren Buffett has stepped down as chairman of Berkshire Hathaway (NYSE:BRK.A), becoming chairman emeritus after more than 50 years in the role. Howard Buffett, Warren Buffett's son, has been appointed chairman of Berkshire Hathaway as part of the board's long signaled succession plan. Greg Abel remains chief executive officer, with the split of chairman and CEO roles clarifying Berkshire Hathaway's future governance structure. The handover from Warren Buffett to Howard Buffett as chairman sits inside a broader shift in Berkshire Hathaway's leadership model. Take a look at 1 major warning sign we have identified for Berkshire Hathaway.
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