Omaha, Nebraska – The end of an era in Omaha was announced on Saturday, when Warren Buffett said he would soon ask the Board of Directors. Berkshire Hathaway That Greg Abel be replaced as an executive president at the end of the year.
While Buffett is 94 years old and ABEL was appointed as CEO in 2021, it was a surprise to thousands of fans who gathered at the annual meeting of this year to hear the myth of investment again on the company’s future.
“Tomorrow, we are facing a meeting on the Berkashire Board, and we have 11 managers. Two directors, my children, Hui and Soussi, know what I will talk about there. The rest of them, this will come as news, but I think the time has reached the time when Gregy should become the company’s executive official at the end of the year, at the end of the year, Pavit said in the last few minutes of the meeting.
Puffett indicated that he will continue to “wander” to help, but the last word in the company’s operations will be with ABEL, 62, currently the vice president of insurance operations in Berkshire.
“I may be useful, in my opinion, in some respects, if we face periods of great opportunities or anything,” he added, at the annual meeting that is celebrated 60 years of it at the head of Berkshire.
Buffett is the largest shareholder in Berkshire and said he will not sell one share of stocks after moving to this new stage.
“I would like this,” said Pavite, who used a cane to wander around the meeting.
The new Pavite role?
” Fast Becky After the meeting of the shareholders, which the couple will discuss in the board of directors on Sunday, what is the role of Buffett will be official next year. Pavite is also a head of the bloc.
So it is not clear whether ABEL will also take over the role of the president.
“I think they will believe unanimously,” Buffett said on Sunday’s decision on Sunday.
The meeting ended with a permanent applause for Bavate.
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