Warren Buffett Steps Down as Berkshire Hathaway CEO, Backs Successor Greg Abel
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Warren Buffett Steps Down as Berkshire Hathaway CEO, Backs Successor Greg Abel

Warren Buffett has stepped down as CEO of Berkshire Hathaway after 60 years, handing the reins to successor Greg Abel. In his final interview, Buffett expressed confidence in Abel's leadership and stated Berkshire Hathaway is well-positioned to last another century, citing its diverse holdings and substantial cash reserves. Despite some investor concerns about the transition, Buffett praised Abel as a decisive and sensible leader, believing he can maintain the company's valuation and success.

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