Archive · 19 Sep 2026
Howard Buffett to Succeed Warren as Berkshire Chairman
Howard Buffett is Warren Buffett’s son.
He is 71 years old and will become chairman of Berkshire Hathaway.
Warren Buffett is 96 and is leaving the chairman’s job after more than 50 years.
Warren will become chairman emeritus and stay on the company’s board.
Howard has been a Berkshire director since 1993.
His new job will mainly involve protecting the company’s culture, not running its daily business.
Howard has worked as a farmer, businessman, conservationist, author and philanthropist.
He also leads a foundation that supports food security, addresses human trafficking and helps with conflicts.
Greg Abel is already Berkshire Hathaway’s chief executive.
Howard G. Buffett, 71, will become chairman of Berkshire Hathaway, succeeding his father Warren Buffett.
Warren Buffett, 96, is becoming chairman emeritus after more than 50 years as chairman and will remain on the board.
Howard Buffett has served as a Berkshire director since 1993, completing a long-planned succession process.
His non-executive role will focus on preserving Berkshire’s culture rather than managing daily operations.
Greg Abel became Berkshire’s chief executive earlier this year, while Howard has continued work in business, farming and philanthropy.
- Who
- Howard G. Buffett will succeed Warren Buffett as Berkshire Hathaway chairman; Greg Abel is the company’s chief executive.
- What
- Berkshire Hathaway is changing chairmen, with Warren Buffett becoming chairman emeritus and Howard Buffett taking the non-executive position.
- When
- The change was announced on September 18, 2026, and takes effect immediately, according to the reports.
- Where
- The change concerns Berkshire Hathaway. Howard Buffett grew up in Omaha, Nebraska, and oversees a farm in Pana, Illinois.
- Why
- Warren Buffett is vacating the chairmanship after more than 50 years as part of Berkshire Hathaway’s long-planned succession process.
- Incoming chairman
- Howard G. Buffett
- Outgoing chairman
- Warren Buffett
- Howard Buffett’s age
- 71
- Warren Buffett’s age
- 96
- Warren Buffett’s chairmanship
- Since 1970
- Howard Buffett’s Berkshire board service
- Since 1993
- Chief executive
- Greg Abel