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Buffett Steps Back, Abel Takes Chair | Butte News
Warren Buffett is stepping down as chairman of Berkshire Hathaway, transitioning to chairman emeritus while remaining an advisor — a move he’s planned for years. Greg Abel, longtime executive and former head of MidAmerican Energy, will take the reins as new chairman, with Buffett praising his readiness and confidence in the transition. Howard Buffett, Warren’s son and long-serving board member, also assumes an emeritus role, reinforcing continuity. This deliberate, well-orchestrated handoff ensures Berkshire’s legacy, values, and culture remain intact under capable leadership. Listen in…
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