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BTCC / BTCC Square / Global Cryptocurrency /
Warren Buffett to Step Down as Berkshire Hathaway CEO, Greg Abel to Take Over

Warren Buffett to Step Down as Berkshire Hathaway CEO, Greg Abel to Take Over

Author:
Global Cryptocurrency
Published:
2025-05-03 18:53:01
19
2

Warren Buffett will relinquish his role as CEO of Berkshire Hathaway by year’s end, marking the end of a 55-year tenure—the longest in S&P 500 history. Greg Abel, long seen as Buffett’s successor, will assume leadership. Buffett emphasized his continued advisory role but clarified Abel will hold final decision-making authority.

The transition signals confidence in Abel’s stewardship. Buffett’s retention of his Berkshire shares underscores this conviction—"not emotional, but economic," he stated, predicting stronger performance under Abel. The board has begun formalizing succession plans, with both executives collaborating on future roles.

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