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A Berkshire Hethai The Council unanimously voted on Sunday to make President and CEO Greg Obel on January 1, 2026, and 94th Worren Buffet remains chairman, CNBC sources said Beck is fast.
Beaffer shocking In the last minutes of the annual shareholder meeting Berkshire and Abel announced the last minutes of the annual shareholder meeting, which he asks the Council to replace him as CEO at the end of the year with the current Vice-Chairman for Berkshire Insurance Operations.
Buffett, who is both the chairman and the CEO at the time, did not make it clear whether he would mean that he would also abandon the title of the chairman, though he said he would hang to help where he could. Buffett made it clear that the last word about the company’s operations and capital deployment will be with ABEL, 62 if this transition will happen.
However, if Buffetta remained as chairman, shareholders may comfort that “Oracle of Omaha” will remain to help Abel with any great acquisition capabilities that may arise in possible volatile markets when Buffett’s conglomerate took over in 1965.
“I could be useful, I believe in a certain relationship when we encountered periods of excellent opportunities or anything,” Buffett said on Saturday.
Berkshire’s stock was only 1% in the bidding on the premeannet, even after Buffet said Disappointing salary On weekends. Berkshire also warned of the uncertainty of his worldview, which could be brought.
Berkshire’s shares were closed on a record Friday with a market value of more than 1.1 trillion. Dollars that launched a recent decline in the stock market.
Abel was appointed successor to Buffett’s CEO since 2021.
