Warren Buffett, 96, stepped down as Berkshire Hathaway chairman on September 18, 2026. He transitioned to the role of chairman emeritus and remains on the board of directors. This shift marks a major milestone in the company’s long-standing succession plan.
The board elected Howard G. Buffett as the new non-executive chairman. Howard has served as a director for the conglomerate since 1993. He will serve as the primary guardian of Berkshire’s unique corporate culture and values.
Greg Abel continues to lead all company operations as CEO. Abel assumed the CEO role on January 1, 2026, following Buffett’s departure from the post in late 2025. Warren Buffett expressed full confidence in the new leadership structure to guide the firm’s future.