Greg Abel Becomes Berkshire Hathaway CEO as Warren Buffett Retires

#Omaha, #USA
Berkshire Hathaway shares dipped slightly as Greg Abel officially succeeded Warren Buffett as chief executive on the first day of 2026.Buffett praised his successor in a recent interview, stating that Abel will now serve as the primary decision maker for all capital allocation.The conglomerate holds a record cash reserve of 381 billion dollars as the 95-year-old Buffett transitions into a secondary role as chairman.
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