Warren Buffett steps down as Berkshire Hathaway CEO after six decades – Los Angeles Times News Home Page World & Nation Immigration & the Border 6 min Click here to listen to this article Share via Close extra sharing options Email Facebook X LinkedIn Threads Reddit WhatsApp Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here. Legendary investor Warren Buffett steps down as Berkshire Hathaway CEO after 60 years, handing control of the $1-trillion conglomerate to Greg Abel. Buffett remains as chair and plans daily office visits, but Abel must navigate slowing growth and mounting pressure to distribute Berkshire’s $382-billion cash pile. Abel has already managed Berkshire’s noninsurance operations for seven years, and company leadership says the decentralized culture that built the empire will endure. Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett .
Published: December 31, 2025 2:41 pm
Source: Los Angeles Times — Read original