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warren buffett announces retirement as ceo of berkshire hathaway after 55 years

Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of 2025, recommending Greg Abel as his successor. Tributes poured in from business leaders, praising Buffett's extraordinary career, integrity, and philanthropic efforts, with many expressing confidence in Abel's leadership.

Warren Buffett announces retirement as Berkshire Hathaway CEO after 60 years

Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of the year, concluding a 60-year tenure that transformed the company into a trillion-dollar conglomerate. Greg Abel, currently vice chairman of non-insurance operations, is expected to succeed him. Buffett's decision surprised many, but he expressed confidence in Abel's leadership, stating he would remain available for consultation.

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