Warren Buffett to stay on as Berkshire chairman as Greg Abel prepares to become CEO in 2026
Monday, 5 May 2025 Warren Buffett will remain Berkshire Hathaway's chairman even after Greg Abel becomes CEO in 2026. The board's decision aims to reassure investors amidst economic uncertainties. Abel, 62, succeeds Buffett, who steps down by year-end. Despite this news, Berkshire Hathaway's shares dropped. Buffett transformed the company into a conglomerate with holdings like Dairy Queen and BNSF Railway.
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,..
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
Greg Abel is set to succeed Warren Buffett as the head of Berkshire Hathaway, marking a significant transition for the $1.18 trillion conglomerate. Buffett... IndiaTimes Also reported by •Zee News •DNA
Berkshire Hathaway's board has officially named Greg Abel as the next CEO, succeeding Warren Buffett by the end of 2026. Abel, currently vice-chairman overseeing... IndiaTimes
Monday, 5 May 2025
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