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Buffett Steps Down as Chairman | Rochester Minnesota News

Warren Buffett is stepping down as chairman of Berkshire Hathaway after 54 years, handing the reins to his son Howard Buffett, while remaining Chairman Emeritus. At 96, Buffett still holds a symbolic role but has already ceded CEO duties to Greg Abel, whom he praises for exceeding expectations. The move comes with a lighthearted nod to Buffett’s great-grandson outpacing him — and investors reacted calmly, seeing it as an expected transition for the legendary investor who built one of the world’s most valuable companies and remains a titan of philanthropy. Listen in comfort:Get a discount on a…

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