File photo of Howard 'Howie' Buffett with his father and Warren Buffett. The billionaire investor and founder-CEO of Berkshire Hathaway has named Greg Abel as his successor. (Vincent Tullo / Wall ...

The decision to continue with the so-called Sage of Omaha as head of the board came amid speculation that Howard Buffett, the second-born of the investor’s three children, would move into that spot.

The decision to continue with the so-called Sage of Omaha as head of the board came amid speculation that Howard Buffett, the second-born of the investor’s three children, would move into that spot.

on Saturday that he planned to hand over the reins to Abel at year-end — a decision he reportedly discussed with only his two children, Howard and ... the ranks to be Buffett’s choice and what ...

It's "highly likely" Howard Hughes will follow the Berkshire playbook, Ackman says. Berkshire owes its success to long-time CEO Warren Buffett, who will step down at the end of the year.

The older Buffett has said that after he dies he would like Howard to take over as chairman.A current vice-chairman, Abel, will take over as CEO as big questions hover over the company.