Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Monday, 5 May 2025 () The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, sources told CNBC's Becky Quick. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual…
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...
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
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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... IndiaTimes
Monday, 5 May 2025 ()
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