Howard Buffett to take over as head of Berkshire Hathaway

UPDATE - follow-up to Howard Buffett to succeed father Warren as Berkshire Hathaway chair - ft.com: Howard Buffett is set to take over as the new chair of Berkshire Hathaway, succeeding his father Warren Buffett. Warren Buffett is stepping down from the role after more than fifty years, and in some reports, six decades at the helm of the company. Wall Street has reacted to the leadership change with a market bounce back.