Reported about 22 hours ago
Warren Buffett announced he will resign as CEO of Berkshire Hathaway at the end of the year after 60 years, transferring the role to Greg Abel while remaining chairman. Despite stepping down, Buffett, who has amassed a record cash reserve of $348 billion, is expected to continue making investments if attractive opportunities arise, reflecting his long-standing strategy of investing in quality companies for the long term.
Source: YAHOO