Reported 1 day ago
Warren Buffett has officially announced his plans to step down as CEO of Berkshire Hathaway, passing the role to Greg Abel by the end of the year. At 94, Buffet's decision follows years of preparation for his succession, emphasizing the importance of character, capital allocation, and maintaining the company's strong culture for future leadership. He seeks leaders who prioritize shareholder interests and are well-equipped to tackle challenges in the business landscape.
Source: YAHOO