What Tim Cook, Jamie Dimon said on Warren Buffett's retirement move
Sunday, 4 May 2025 Industry titans like Tim Cook and Jamie Dimon lauded Warren Buffett's remarkable legacy following his announcement to retire as Berkshire Hathaway's CEO at the end of the year. Greg Abel, currently vice chairman, is poised to succeed Buffett, a move analysts anticipated. However, Abel's appointment has drawn criticism from environmental groups, citing Berkshire Hathaway Energy's coal plant operations.
Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...
The 2025 Berkshire Shareholder Meeting brought monumental news as Warren Buffett announced his retirement after 60 years. He has recommended Greg Abel to take over as CEO, leaving many in shock,..
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Billionaire investor Warren Buffett to step down after 60 years of leading Berkshire Hathaway
The announcement after a five-hour question-and-answer period at the company's annual shareholders'..
Credit: euronews (in English) Duration: 01:06Published
Sunday, 4 May 2025
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