
Warren Buffett plans to retire by year’s end, recommends Greg Abel as successor
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Warren Buffett surprised shareholders by announcing his intent to retire as BerkshireBerkshireBerkshire Hathaway CEO by year's end, naming Greg Abel as his successor. Abel, a 25-year Berkshire veteran currently overseeing non-insurance operations, will now lead the $865 billion conglomerate.
“ 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,
Tim Cook,
Warren Buffett Bows Out After Six Decades As Berkshire CEO; Greg Abel…