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Warren Buffett serves as CEO of Berkshire

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Warren Buffett, a well-known billionaire investor, announced that he would end the Berkshire Hathaway annual meeting with a microphone drop moment. The plan will vote at the next board meeting, and in the coming months they will have the opportunity to evaluate and make final decisions. The transition may take place immediately after the end of 2025, Warren Buffett said he will still stick to decision-making skills where he can add value, but the final vote will always come down to Greg. Greg Abel has long been seen as Buffett’s successor. He is currently the chairman and CEO of Berkshire Energy and has served for 25 years at Berkshire Hathaway. The announcement was a buzz with applause, and Buffett also confirmed that he had no plans to sell the stock.

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