US EditionWarren Buffett to Retire as Berkshire CEO, Greg Abel to Take Over
- Warren Buffett announced on Saturday at his annual meeting in Omaha that he plans to retire as Berkshire Hathaway CEO by the end of the year.
- Buffett said he will recommend Greg Abel, who oversees all non-insurance businesses, as his successor because the time has arrived for new leadership.
- Thousands of investors gathered in a 200,000-square-foot exhibit hall showcasing Berkshire companies like BNSF, Geico, Pilot, and Duracell during the meeting.
- Buffett criticized President Trump’s tariffs, warning that trade "should not be a weapon" and noted the risk of global instability while affirming his long-term optimism about America.
- Shareholders like Steven Check expressed confidence in Abel's hands-on management, and Buffett stressed Berkshire’s businesses largely run themselves, suggesting a stable succession.
492 Articles
492 Articles
Omaha World-Herald
Warren Buffett announces plan to step down as Berkshire Hathaway CEO
Warren Buffett dropped a bombshell at the end of the Berkshire Hathaway annual meeting Saturday, saying he is ready at the end of the year to step aside as the CEO of the company.
Warren Buffett Announces He’s Stepping Down As Berkshire Hathaway CEO
After 55 years, Warren Buffett is stepping down as CEO of Berkshire Hathaway, announcing his departure on Saturday. The 94-year old multibillionaire dropped the bombshell during the conclusion of his remarks at his annual shareholder meeting in Omaha, noting that he will resign at the end of the year, upon which Greg Abel will succeed […]
CEO Warren Buffett to Step Down From Berkshire Hathaway; Australian Prime Minister Albanese Wins 2nd 3-Year Term
CEO of Berkshire Hathaway Warren Buffett announced Saturday in Omaha that he will soon step down. Buffett said he will ask the board to have Greg Abel replace him at the end of the year. Australian Prime Minister Anthony Albanese has won a second consecutive term. He suggests that his government increased its majority by not modeling itself on the Trump administration. 🇺🇸More Breaking News, Special Reports, and Live Coverage on NTD: https://ep…
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