- Warren Buffett’s face many greeting After his sudden announcement on Saturday that he is planning to step down as Berkshire Hathaway The CEO by the end of the year. “He represents everything that is good in American capitalism,” said Jimmy Damon, CEO of JPMorgan, said. apple CEO Tim Cook Buffett and his successor, Greg Abel.
Senior CEO Warren Buffett praised after the legendary investor said on Saturday that he was planning to step down as President of Berkshire Hathaway by the end of the year.
Buffett said that Berkshire Hathaway for Energy is the CEO Greg Abil should take over As the head of the General Contest, the amazing contributors to the annual conference.
“Oracle Omaha” gave many greeting, including one of Jpmorgan Chase CEO Jimmy Damon.
He said, “Warren Buffett represents everything that is good in American capitalism and America itself – investing in the growth of our nation and its companies with integrity, optimism and good sense.” According to Reuters. “I learned a lot from it to this particular day, and I am honored to call him a friend.”
Apple Tim Cook CEO’s reaction to the sudden advertisement. Berkshire started buying Apple shares in 2016 and added more and added more shares.
While Berkshire sold more than half of its property in Apple shares last year, the iPhone is still the largest unilateral in its wallet.
“There was no person like Warren, and countless people, including me, were inspired by his wisdom.” x. ))
Earlier in the shareholders meeting on Saturday, Buffett praised Cook, saying that he “made Berkshire more more than Berkshire made”, with the addition that “no one but Steve (Jobs) could have created Apple, but no one was only Tim developed it as it was.”
It was not limited to the fact that Pavite’s shareholders are surprised, and ABEL or most members of the Board of Directors do not know that this announcement will be issued. Pavit said only his children working as directors with prior knowledge.
“He surprised me, but he is impressive,” said Ron Olsen, a member of the Board of Directors, Ron Olsen. CNBC. “Warren has lived a life full of surprises, and very few of his decisions were not exciting.”
Cathy Severt, CFRA, said, said Associated Press Buffett may have been very difficult, but it is better to leave it on its terms.
“I think there will be an effort to maintain an” work as usual “in Berkshire.” “This is still determined.”
Meanwhile, Christopher Rospach, chief investment official at J Sten & Co, whose company was a shareholder in Berkshire, resisted his tears interacting with the news.
And he said to Financial times. “Berkshire Hathaway is an incredible act and incredible achievement. It represents everything better than American capitalism and entrepreneurship.”
This story was originally shown on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/05/GettyImages-629194042-e1746300778509.jpg?resize=1200,600
Source link