Warren Buffett Plans to Step Down as Berkshire CEO at Year-End
In This Article:
Warren Buffett said he has recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Warren Buffett stunned the investing world Saturday by revealing his plans to step down as Berkshire Hathaway’s chief executive at year-end and hand the reins to handpicked successor, Greg Abel. The 94-year-old investor closed the annual meeting of the company he built into one of the nation’s largest with the surprise announcement that he will recommend to Berkshire’s board that Abel begin the CEO job in 2026.
Terms and Privacy Policy