Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run

Berkshire Hathaway Inc. founder Warren Buffett is stepping down as the company’s chairman to be replaced by his son Howard, effectively ending roughly six decades at the helm of the...

By Bloomberg Markets · Bloomberg Markets

Berkshire Hathaway Inc. founder Warren Buffett is stepping down as the company’s chairman to be replaced by his son Howard, effectively ending roughly six decades at the helm of the conglomerate. Bloomberg Intelligence Senior P&C Insurance Analyst Matt Palazola discusses the move and Buffett's legacy with the company. (Source: Bloomberg)