Reported 1 day ago
Warren Buffett, the 95-year-old billionaire, will not write Berkshire Hathaway's annual letter in February, passing the responsibility to Vice Chairman Greg Abel, as reported by the Wall Street Journal. Although Buffett will publish a Thanksgiving letter on November 10, he is set to step down as CEO at the end of the year while remaining chairman. Abel will also be the one to address shareholders at the annual meeting in May, signifying a shift in the company's leadership dynamics.
Source: YAHOO