Reported 2 days ago
Warren Buffett has officially announced his intention to step down as CEO of Berkshire Hathaway by the end of this year, designating current Vice Chairman Greg Abel as his successor. Buffett, who has led the company for 60 years, indicated he will remain involved with the conglomerate after his retirement. He praised Abel's capabilities and expressed confidence in the future of the company under his leadership during Berkshire's annual shareholders meeting.
Source: YAHOO