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Jiankun International Berhad (8923.KL)

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Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over

The annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting, hosted by CEO Warren Buffett, is here.

Yahoo Finance 4 hours ago

BRK-B
Berkshire earnings: What else to expect at shareholders meeting

Berkshire Hathaway (BRK-B, BRK-A) will reveal its first quarter earnings results this Saturday at its annual shareholders meeting. What else are Wall Street investors eager to hear from the investment firm? The Glenview Trust Company chief investment officer Bill Stone comes on Market Domination to talk about Berkshire's cash pile worth over $330 billion and what topics chairman and CEO Warren Buffett could address at the event. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

Yahoo Finance Video 14 hours ago

BRK-B
Warren Buffett Plans to Step Down as Berkshire CEO at Year-End

Warren Buffett said he has recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Omaha, Neb.—It was time. 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 Wall Street Journal 1 hour ago

BRK-B
Jamie Dimon says Buffett ‘represents everything that is good about American capitalism’ as Tim Cook praises him and successor Abel

Berkshire Hathaway CEO Warren Buffett announced Saturday that he plans to step down by the end of the year.

Fortune 2 hours ago

BRK-B

AAPL
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

OMAHA, Nebraska (Reuters) -When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway at the end of this year, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. Abel, 62, now a Berkshire vice chairman, is expected by investors and analysts to uphold the $1.18 trillion conglomerate's track record of investing in companies for the long haul and eschewing dividend payments to shareholders. Berkshire, which owns railroads, insurance companies and an ice-cream maker, has been planning for decades for the eventuality when Buffett, 94, who has run the company since 1965, is no longer there.

Reuters 2 hours ago

BRK-B
Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. It also earned him the nickname “Oracle of Omaha,” a reference to the Nebraska city where Buffett was born and chose to live and work.

Associated Press Finance 3 hours ago

BRK-B
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett, 94, announced Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: JPMorgan Chase & Co CEO Jamie Dimon: "Warren Buffett represents everything that is good about American capitalism and America itself -- investing in the growth of our nation and its businesses with integrity, optimism, and common sense. I've learned so much from him to this very day, and I am honored to call him a friend."

Reuters 3 hours ago

BRK-B
Warren Buffett plans to step down as Berkshire CEO

The legendary investor expects turn reins over to Vice Chair Greg Abel.

TheStreet 3 hours ago

BRK-B

AAPL
Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade

“Trade should not be a weapon,” the investor said as he decried policies that create a few winners and widespread resentment elsewhere.

The Wall Street Journal 3 hours ago

BRK-B
Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting

Buffett isn't a fan of tariffs, but he remains a fan of the U.S. economy. The current market volatility is nothing new for Berkshire. Buffett wants Greg Abel to become CEO of Berkshire Hathaway by year's end.

Motley Fool 4 hours ago

BRK-B
Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod.

Warren Buffett surprised shareholders with his announcement on Saturday. The board still needs to vote on Greg Abel as successor.

Barrons.com 4 hours ago

BRK-B
Who is Greg Abel, the executive picked to be successor to Warren Buffett?

When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants. For the past seven years, Abel has been overseeing Berkshire’s BNSF railroad and its treat makers See’s Candies and Dairy Queen along with dozens of other manufacturing and retail businesses that Buffett acquired over the years. Berkshire confirmed Abel as Buffett’s successor in 2021 after former Vice Chairman Charlie Munger let it slip at the annual meeting.

Associated Press Finance 3 hours ago

BRK-B
Warren Buffett's Successor Breaks Silence--And Investors Just Got Their Answer

Berkshire's next CEO vows to follow Buffett's exact blueprint--no flashy turns, just steady compounding and cash hoarding.

GuruFocus.com 4 hours ago

BRK-B
Warren Buffett says Greg Abel should take over as Berkshire Hathaway CEO by year’s end

"I think they'll be unanimously in favor of it, and that would mean that at year-end Greg would be the chief executive officer of Berkshire and I would still hang around."

Fortune 4 hours ago

BRK-B
Berkshire (BRK.B) Holds Fire on $10B Deal as Buffett, Jain Warn of Market Risk and Currency Fallout

Insurance pressure, macro stress, and cash discipline define Buffett's cautious near-term outlook

GuruFocus.com 4 hours ago

BRK-B
Berkshire Hathaway (BRK.B) Puts Patience and Purpose First as Buffett Draws Healthy Crowd

Buffett stays loyal to Japan, praises Apple, and reminds investors that joy matters too

GuruFocus.com 4 hours ago

BRK-B
Berkshire Hathaway (BRK.B) Pulls Back on Risk, Waits on AI as Q1 Income Slips 14%

Buffett and Jain outline a cautious path: fewer insurance bets, leaner Geico, and no AI rush--for now

GuruFocus.com 4 hours ago

BRK-B
Shell is studying merits of buying BP, Bloomberg News reports

For several years, BP and Shell were almost equal in size, but over the past few years Shell has grown to almost twice the size of BP, with a market value of about 149 billion pounds. On Friday, when asked about a possible takeover bid for BP, Shell's, Chief Executive Wael Sawan told the Financial Times he would rather buy back more Shell stock. A Shell spokesperson confirmed the comments.

Reuters 4 hours ago

BP
Berkshire Hathaway (BRK.B) Walks From $10B Deal as Buffett Sounds Alarm on U.S. Debt

At 94, Buffett still isn't chasing deals and still isn't mincing words

GuruFocus.com 4 hours ago

BRK-B
Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End

Warren Buffett said Saturday he intends to step down as CEO of Berkshire Hathaway, with Vice Chair Greg Abel set to assume the role at the end of the year.

Investopedia 5 hours ago

BRK-B

Performance Overview

Return	8923.KL	FTSE Bursa Malaysia KLCI (^KLSE)
YTD	-50.00%	-6.08%
1-Year	-84.37%	-2.39%
3-Year	-87.50%	-3.62%

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Related News

Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over

Berkshire earnings: What else to expect at shareholders meeting

Warren Buffett Plans to Step Down as Berkshire CEO at Year-End

Jamie Dimon says Buffett ‘represents everything that is good about American capitalism’ as Tim Cook praises him and successor Abel

Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett plans to step down as Berkshire CEO

Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade

Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting

Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod.

Who is Greg Abel, the executive picked to be successor to Warren Buffett?

Warren Buffett's Successor Breaks Silence--And Investors Just Got Their Answer

Warren Buffett says Greg Abel should take over as Berkshire Hathaway CEO by year’s end

Berkshire (BRK.B) Holds Fire on $10B Deal as Buffett, Jain Warn of Market Risk and Currency Fallout

Berkshire Hathaway (BRK.B) Puts Patience and Purpose First as Buffett Draws Healthy Crowd

Berkshire Hathaway (BRK.B) Pulls Back on Risk, Waits on AI as Q1 Income Slips 14%

Shell is studying merits of buying BP, Bloomberg News reports

Berkshire Hathaway (BRK.B) Walks From $10B Deal as Buffett Sounds Alarm on U.S. Debt

Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End

Performance Overview