Greg Abel Becomes CEO of Berkshire Hathaway Details on Warren Buffett’s Successor

Warren Buffett has stepped down as CEO of Berkshire Hathaway, passing leadership to Greg Abel, his chosen successor. Abel, who joined Berkshire in 2000 and previously led Berkshire Hathaway Energy, is expected to uphold the company’s decentralized model while navigating its growth challenges. Buffett expressed strong confidence in Abel’s capabilities, stating he believes Abel is more effective than many top CEOs. Although some leadership changes are anticipated, major overhauls are not expected, as Abel is committed to maintaining Berkshire’s core structure.

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