Warren Buffett steps down as head of Berkshire Hathaway after six decades

UPDATE - follow-up to Warren Buffett steps down as Berkshire Hathaway chairman - Al Jazeera: Warren Buffett has stepped down from his role as chairman of Berkshire Hathaway after leading the company for six decades. Buffett remarked that father time always wins as he ended his long tenure at the firm. Howard Buffett will take over the position to succeed his father as the new chair of Berkshire Hathaway. Howard Buffett is a former sheriff and war photographer who now steps into the role to preserve what his father built.