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The Board of Berkshire Hathaway called Greg Abel, called Greg Abel and announced the intention to retire at the end of the year and the famous CEO and the famous CEO and the famous investor Warren Buffett.
Abel, which is currently the vice-chair, will start in a new role next year. The company said that Buffett will remain as chairman after the transition.
“I think that the GREG has become the CEO of the company at the end of the year,” said 94, Berkshira’s Omaha, Neb’s annual meeting, Saturday.
Buffettin, Berkshire is a successful textile company Berkshire’s 60-year escape decision, which has become a great conglomerata with the US economy.
The company, owned by railways, insurance companies and an ice cream maker, has been planning the decades of the incident, which has taken place since 1965.
Again, the time of the announcement came as a surprise, as “Omaha Oracle”, when he did not sign an exact intention to be taken.
He said he was not aware of his plans before the announcement. Buffett said he was “zero”, which sells any of the Berkshire Stock.
Berkshire shareholders said that after leaving the stage after leaving the scene after approaching the 89-billion dollars and $ 348 billion dollars, $ 264 billion.
Buffett “Probably, Berkshire’s performance, current operations,” said Berkshire’s more investors.
Berkshire Hathaway shares fell 2.8 percent on Monday.