A Legend Steps Down! Warren Buffett Plans to Hand Over his Position as CEO to Greg Abel at the end of the Year!
Reading Time: 5 minutes
The time has come! CEO Warren Buffett announced on Saturday, May 3, 2025, at this year's annual meeting of Berkshire Hathaway (BRK/A, BRK/B) in Omaha that he will ask the board to replace him with Greg Abel as CEO by the end of the year. The approximately 40,000 shareholders paid their respects to the investment legend and rose from their seats to sustained applause. The entire world, and especially economic representatives, listened intently to Buffett when he shared his views on the future of the company and the performance of the American economy....
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