Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares

Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire shareholders, possibly his last public communication with them until he steps down at year-end, Buffett, … Read more