Reported 3 days ago
Warren Buffett announced at the Berkshire Hathaway annual meeting his intention to recommend Greg Abel as his successor as CEO. This transition could occur as early as the end of 2025, with Abel, currently CEO of Berkshire Energy and a 25-year veteran of the company, expected to take the lead. Buffett will remain involved in decision-making while emphasizing that the final decisions will rest with Abel. The announcement was well received, and Buffett also confirmed he has no plans to sell his shares.
Source: YAHOO