ch0k1 on Nostr: Berkshire shares fall as Buffett names Abel CEO of $1.16 trillion empire Berkshire ...

Berkshire shares fall as Buffett names Abel CEO of $1.16 trillion empire
https://finance.yahoo.com/news/berkshire-hathaway-shares-fall-buffett-082154502.html

Berkshire Hathaway (BRK-B, BRK-A) shares fell 2% in premarket trading after famed investor Warren Buffett said he would step down as CEO of the $1.16 trillion conglomerate after leading it for 60 years.

The company's board voted unanimously to name Vice Chairman Greg Abel as president and CEO starting next year and Buffett as chairman, it said on Monday.

originally posted at https://stacker.news/items/971891