Berkshire (BRK-B) Enters a New Era with Billions Still on the Sidelines

On September 18, 2026, Reuters reported that Warren Buffett stepped down as chairman of Berkshire Hathaway Inc. (NYSE:BRK-B), becoming chairman emeritus effective immediately. His son Howard Buffett is taking over as non-executive chairman. The move comes nearly nine months after Buffett stepped down as CEO in favor of longtime lieutenant Greg Abel, and Buffett, aged 96, will remain a director on the board. Don't Miss: Berkshire (BRK.B)'s CEO Says Communities Are Fighting Back on Data CentersBuffett Steps Down as Berkshire (BRK-B) Chairman. Can Abel Put Its Cash to Work? Krista Kennell/Shutterstock.com Bull Case Berkshire Hathaway Inc. (NYSE:BRK-B) planned this transition years in advance. It reduces the likelihood of operational disruption.