A 71‑year‑old heir has been thrust into the helm of the world’s largest conglomerate, bringing decades of boardroom experience and a law‑enforcement background to the role. Howard has sat on Berkshire’s board for 33 years, outlasting his father’s 34‑year apprenticeship before taking the reins.
Warren Buffett, 96, will assume the title of chairman emeritus, a move that ends a six‑decade reign that began in the early 1960s when the textile company was transformed into a trillion‑dollar juggernaut. The transition was first hinted at in 2011, when Buffett told 60 Minutes that his oldest son was ready to succeed him.
Howard’s résumé extends beyond Berkshire. He served as sheriff of his rural Illinois county, directed the Howard G. Buffett Foundation—providing aid to Ukraine since 2022—and held chairmanships at Coca‑Cola, FirstTier Financial and Conagra Brands. These roles have honed a blend of corporate governance and humanitarian insight.
Investors are watching the board’s upcoming vote closely, as the shift could signal a new strategic direction. Meanwhile, Greg Abel, who took over as CEO last year, will continue to steer day‑to‑day operations while Howard guides long‑term governance.