[ad_1] American investor Warren Buffett, 94, will remain as chairman of Berkshire Hathaway’s board of directors once he steps down as chief executive at the end of this year, the conglomerate announced Monday. Following a vote at the Berkshire Hathaway board of directors over the weekend, Buffett will step down as chief executive of the…
[ad_1] Greg Abel (File photo taken from Berkshire Hathaway website) Berkshire Hathaway’s board of directors has formally approved Greg Abel as the company’s next chief executive officer, marking a long-anticipated transition endorsed by Warren Buffett himself. The decision, finalized at Sunday’s board meeting, was reported by the Associated Press and sets the stage for Abel…
[ad_1] (left to right) Tim Cook, Warren Buffett, Jamie Dimon Apple CEOTim Cook, JPMorgan Chase’s Jamie Dimon and other industry leaders paid glowing tributes to Warren Buffett following shock announcement by the Berkshire Hathaway chief executive he will retire at the end of the year, having led the conglomerate for over 60 years.Cook said, “There’s…
[ad_1] Billionaire Warren Buffett shocked an arena full of shareholders Saturday (May 3, 2025) by announcing that he will retire at the end of the year, bringing the curtain down on a six-decade run leading Berkshire Hathaway that made him the most influential investor in the world. Mr. Buffett said he will recommend to Berkshire…
[ad_1] “I think the time has arrived where Greg should become the Chief Executive office of the company at year end,” Buffett said. Warren Buffett, the world’s most famous investor, has revealed his decision to step down as Berkshire Hathaway‘s CEO by year-end, appointing Greg Abel, a 62-year-old low-key Canadian executive and one of his…
[ad_1] Six months ahead of his three-year tenure, the government has terminated the services of K V Subramanian as the executive director at the International Monetary Fund (IMF).India rejected Pakistan’s proposal for a “neutral” probe into the mass killings at Pahalgam by dismissing it as a deception meant to distract attention from Islamabad’s complicity in…
[ad_1] This year-end is going to mark the end of an era. Warren Buffett announced in Omaha Saturday that he would be stepping down as the chief executive officer of Berkshire Hathaway. The 94-year-old investor also declared that he would ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at…
[ad_1] “I think the time has arrived where Greg should become the Chief Executive office of the company at year end,” Buffett said. Warren Buffett made a surprising announcement to his shareholders on Saturday, declaring his intention to step down from his position by year’s end. In his statement, Buffett indicated he would suggest to…
[ad_1] Warren Buffett’s Berkshire Hathaway reported significantly lower profits Saturday morning, posting just over one-third of last year’s earnings—moments before thousands of shareholders poured into an Omaha arena to hear from the legendary investor himself.The drop in profits was largely due to a steep decline in the value of Berkshire’s investments and $860 million in…
[ad_1] Warren Buffett‘s annual letter: Warren Buffett, often dubbed the ‘God of Stocks’, recently released his annual letter to shareholders, and as expected, investors worldwide are paying close attention. This year’s letter, spanning 16 pages, begins with a heartfelt tribute to his ‘partner in crime’, Charlie Munger, who passed away the previous year.According to ET,…
