Warren Buffett has stepped down as chairman of Berkshire Hathaway, effective immediately, transitioning to chairman emeritus. His son, Howard Buffett, will take over as chairman, while Greg Abel continues as CEO. Buffett, who led the company since 1965 with a nearly 20% annual return, praised the company’s future and emphasized that Howard will protect Berkshire's culture and values. This leadership change follows Buffett's earlier step down as CEO in 2025 and comes amid Berkshire's recent stock underperformance compared to the S&P 500. Investors are watching to see how Abel and Howard will manage the company’s vast capital and culture going forward.
Berkshire Hathaway's Class B shares trade at USD 508.80 on Pluang as of Sep 18, 2026, 17:11 WIB, showing a slight 0.17% decline for the day. The stock's market cap stands at $1.09 trillion, reflecting its massive scale despite recent underperformance. Pluang data also shows a high sell activity of 91%, indicating cautious investor sentiment around the leadership transition.
Legendary investor Warren Buffett has stepped down as chairman of Berkshire Hathaway after serving since 1965, with his son Howard Buffett taking over immediately. Buffett, who recently stepped down as CEO, expressed confidence in the company's futur...
Kraft Heinz is moving its stock listing to the NYSE without changing shares or ticker. The company paused its planned breakup into two entities after a new CEO took over, believing the challenges can be fixed internally. Instead, Kraft Heinz is inves...
