Warren Buffett Says Greg Abel Should Succeed Him as Berkshire CEO at Yearend -- WSJ

Dow Jones

05-04

By Karen Langley

Warren Buffett told his shareholders Saturday that he will recommend ceding his role as Berkshire Hathaway's chief executive at the end of this year.

Speaking at Berkshire's annual meeting in Omaha, Buffett said he will discuss the succession plan at the company's board meeting on Sunday.

"The time has arrived where Greg should become CEO of the company at yearend," he said of Greg Abel.

(END) Dow Jones Newswires

May 03, 2025 14:17 ET (18:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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