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  5. Warren Buffett to retire from leading Berkshire Hathaway at the end of the year

Warren Buffett to retire from leading Berkshire Hathaway at the end of the year

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Warren Buffett has announced his intention to retire at the end of the year. According to the articles, Buffett will recommend that his vice-chair, Greg Abel, be named as his successor.

  1. US
    Warren Buffett
    Berkshire Hathaway
    1. I think the time has arrived where Greg should become the chief executive officer of the company at year end.
    2. The decision to keep every share is an economic decision because I think the prospects of Berkshire will be better under Greg's management than mine.
    3. I have no intention – zero – of selling one share of Berkshire Hathaway. I will give it away eventually.

sources

  1. 1.CTV News
  2. 2.The Guardian
  3. 3.CNA News
  4. 4.CNBC
  5. 5.Forbes

perspectives

  1. 1.US Economy
  2. 2.Billionaire
  3. 3.Banking industry

countries

  1. 1.CanadaCA

organizations

  1. 1.Berkshire Hathaway
  2. 2.US Securities and Exchange CommissionUS
  3. 3.Democratic PartyUS
  4. 4.PacifiCorp

persons

  1. 1.Warren BuffettUS
  2. 2.Greg Abel
  3. 3.Barack ObamaUS
  4. 4.Donald TrumpUS
  5. 5.Hillary Clinton
  6. 6.Joe BidenUS
  7. 7.Kamala HarrisUS
Warren Buffett to retire from leading Berkshire Hathaway at the end of the year