Billionaire investor Warren Buffett, 94, announced that he would step away from Berkshire Hathaway by 2025-end and named designated-successor Greg Abel, 62, as the next CEO of the $1 trillion company.

Warren Buffett had already appointed Abel to be the next CEO of Berkshire Hathaway back in 2021. Charlie Munger once offered his thoughts on how Berkshire Hathaway could look without Buffett.

Berkshire Hathaway’s Warren Buffett over the weekend announced plans to step down as chief executive starting next year. Greg Abel, the vice chairman of non-insurance operations at Berkshire ...

On Sunday, board members voted unanimously to name Greg Abel as Berkshire Hathaway's president and CEO starting Jan. 1 of next year and to keep Buffett as chairman, according to a company release.

(Reuters) -Berkshire Hathaway's (BRK-B, BRK-A) board voted unanimously to name Greg Abel president and CEO starting next year, while Warren Buffett will stay on as chairman, CNBC reported on ...

Greg Abel has been Buffett’s right-hand man for many years and the public heir apparent for the past five, but Buffett, in making his announcement, said he hadn’t told Abel the moment was coming.

Greg Abel, the next CEO of Berkshire Hathaway hand-picked by Warren Buffett, is a Canadian-born near-billionaire who lives a humble life as a regular guy in Des Moines, Iowa, and is a longtime ...

Greg Abel, the vice chairman of Berkshire Hathaway, was tapped in 2021 to eventually succeed CEO Warren Buffett. In this 2024 video, the WSJ’s Karen Langley outlines why shareholders have been ...

Buffett said he will recommend to Berkshire Hathaway's board that Greg Abel should become CEO at the end of the year. "I think the time has arrived where Greg should become the Chief Executive ...

The billionaire investor, who will turn 95 in August, announced Greg Abel as the man to take over back in May 2021, though a specific timeline for when the reins will officially be handed over has ...