Berkshire Hathaway BRK.B is witnessing its biggest leadership transition. Warren Buffett is stepping down as chairman and assuming the role of chairman emeritus, and his son Howard G. Buffett is becoming the chairman. Greg Abel has already succeeded Warren Buffett as CEO on Jan. 1, 2026. Over nearly six decades, Warren Buffett created extraordinary shareholder value through his exceptional investment judgment and disciplined approach to capital allocation. His departure marks the end of a remarkable era, but it does not undermine the durable enterprise he built.
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