Berkshire Hathaway's New Era Under Greg Abel: A Transition of Leadership
The business world is abuzz as Berkshire Hathaway embarks on a new chapter following the historic tenure of Warren Buffett, who officially passed the CEO baton to Greg Abel. On Abel’s first day in the role, Class A shares dipped by 1.4%, reflecting investor sentiment as they adjusted to the end of an era that spanned over six decades. Buffett, now 95 years old, remains the chairman and has been vocal in assuring stakeholders that the conglomerate’s future remains bright beyond his leadership.