Buffett hands Berkshire chairmanship to son Howard after 60 years

Warren Buffett is handing the Berkshire Hathaway Class B (BRK.B) chairmanship to his son Howard, effective now, closing 60 years at the helm. He becomes chairman emeritus and stays on the board. Greg Abel already runs day-to-day as CEO, so Howard's job is to guard the culture rather than pick stocks. The Buffett Wallet's investing playbook stays the same for now.