Warren Buffett, at 96, Steps Down as Chairman at Berkshire Hathaway

Warren Buffett, in a letter to Berkshire shareholders: Recently, I celebrated my 96th birthday with family and friends, including one of my great-grandchildren, who had just turned one. He’s moving a bit faster than I am these days. [...] So the timing is right to complete the transition. I will become Chairman Emeritus and remain a Director. My son, Howard, will succeed me as Chairman. Howard has been a Berkshire Director for 33 years. That is a longer apprenticeship than I served before taking