Warren Buffett says Greg Abel should take office as an executive head of Berkchire Hathaway by the end of the year.

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  • Berkshire Hathaway CEO Warren Buffett The amazing attendees said at the meeting of the annual shareholders of the bloc on Saturday, when he said that his successor, Greg Abel, should take over the first place by the end of the year.

Warren Buffett said on Saturday that his wooing successor Greg Abel, You should take over the position of CEO of Berkshire Hathaway by the year.

During the end of the questions and answers session at the annual meeting of the bloc, the shareholders’ fans were amazed when he said that he would submit the recommendation to the board of directors at the meeting on Sunday.

“I think they will believe unanimously, and this means that at the end of the year, Greg will be the CEO of Berkshire and I will keep hanging on,” said Buffett, 94.

He added that Abel did not know that he would issue the bomb’s announcement, and that the board of directors did not do so, except for his managers.

While Puffett said he intends to be at hand to be useful, he stressed that Abel will be the CEO and have the last word.

“I will play with Ouija’s painting or anything in terms of doing things,” said Buffett, adding that he will not sell any shares in Berkchire Hathaway and reaffirm his plan to gradually abandon them.

After this announcement, he said: “This is the news hook for today, thanks for his arrival,” and he got a long applause from the audience.

ABEL became the CEO of Berkshire Hathaway Energy in 2008, and then the companies were not secured by comprehensive blocs. It was confirmed as a Bavite caliph in 2021.

On Friday, Sue Decker told the main director of Burkshire Suu Decker CNBC This was adopted by the Board of Directors and was already taking on A greater leadership role.

She said: “Last year, the Board of Directors, Greg Warne, really moved, of a kind of preparation for success to practice it already.” “Greg participated in the decisions to allocate the capital, and I know that he got the confidence of the council and Warran in that.”

“We don’t really see it as an executive chief waiting, as he takes over the ability of leadership at the present time,” she added.

This story was originally shown on Fortune.com



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