Buffett will resign as CEO of Berkshire Hathaway at the end of the year."
Internet reports that at the end of the shareholders 'meeting, Buffett suddenly announced that he would resign as CEO of Berkshire Hathaway at the end of the year. He would suggest that Greg Abel, the successor to the previous official announcement and the company's vice chairman, become CEO at the end of the year. Buffett said he "will still stay" and help, but the "final decision" will be in Abel's hands. According to Buffett, Abel and other board members had no idea this was going to happen. Only Buffett and his children know. Buffett said he has no intention of selling any Berkshire shares, but will gradually donate it. (Global Market Broadcast)
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