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Berkshire Hathaway's durability was never about blind loyalty to Buffett. It has always rested on mutual respect and earned trust. ... Berkshire's succession plan is not a single move.
Berkshire Hathaway and Succession. ... He's also more than 90 and his succession plan has been an outstanding question. He revealed several years ago that Greg Abel would be his successor, ...
Warren Buffett's retirement bombshell combined careful planning with dramatic flair. The Berkshire Hathaway CEO disclosed on Saturday that he intended to resign at the end of the year. Buffett, 94 ...
Warren Buffett announced his plans to step down as CEO of Berkshire Hathaway at its annual shareholder meeting on May 3. He recommended Greg Abel to take over at the end of the year. This marks a ...
FILE - Berkshire Hathaway Vice Chairman Greg Abel is seen at the CenturyLink Center in Omaha, Neb., on May 5, 2018. (AP Photo/Nati Harnik, File) By JOSH FUNK AND BERNARD CONDON – Associated Press ...
Wall Street’s reaction seemed somewhat muted to Warren Buffett’s plans to step aside as CEO of Berkshire Hathaway, the company’s stock falling moderately in Monday’s trading.
Berkshire's board approved the 62-year-old Abel's promotion to CEO and kept Buffett as chairman on Sunday. Berkshire Class B shares fell more than 5% Monday in response to the news after hitting ...
FILE – Berkshire Hathaway Vice Chairman Greg Abel is seen at the CenturyLink Center in Omaha, Neb., on May 5, 2018. ... The decision to continue with the Oracle of Omaha, as Buffet is known, as head ...
OMAHA, Neb. (AP) — When Greg Abel becomes Berkshire Hathaway's new CEO next year he will of course take on additional responsibilities, but with Warren Buffett remaining as chairman, the ...
In this May 7, 2018, file photo Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview in Omaha, Neb., with Liz Claman on Fox Business Network's "Countdown to the Closing Bell." ...