Reported 1 day ago
Warren Buffett announced his retirement as CEO of Berkshire Hathaway, effective at the end of 2025, with Greg Abel named as his successor. While some changes are expected under Abel's leadership, his long history with the company suggests continuity in investment philosophy. Buffett will remain as chairman, providing guidance and support, indicating that while there may be alterations in operations, the essence of Berkshire Hathaway is likely to stay intact.
Source: YAHOO