The annual meeting of Berkshire Hathaway in Omaha, Nebraska, a huge program known as “Woodstock of Capitalism”, will be a major change next year.
CEO and Chairman Warren Buffett, 94, has taken about every year on stage Last five-flow decades To answer Shareholders questions-And sometimes for five hours. But earlier this year, at the end of this year’s question -answer session, Buffett declared surprise that he was moving as a CEO.
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The attendees wait on Friday, May 2, 2025 in the line outside the CHI Health Center on the day of shopping of a shareholders before the meeting of Berkshire Hathaway annual shareholders at Omaha, Nebraska, US. Dan Bruilet/Bloomberg | Getty images
Omaha World Herald First told that the former CEOs will be left DAI for next year’s grilling. Instead, Buffett’s successor, Greg Abel, 62, who is handling the reins on January 1, 2026, will be responded to the stage. Company 40,000 Either present people.
Buffett continues as the chairman of the board at Berkshire and will still attend the meeting, but he will sit down from the podium on the main floor with other Berkshire directors, Per CNBC,
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Berkshire Hathaway CEO Warren Buffett depicts Omaha, Nebraska, US, US, Friday, Friday, 2 May, 2025 during the shopping day of a shareholders in a cardboard cutout. Dan Bruilet/Bloomberg | Getty images
Buffett revealed his decision to step down as CEO Last five minutes In the five-hour question-answer session of this year. In an interview last week The Wall Street JournalBuffett stated that he decided to pass the torch because “it was inappropriate, in fact,” for Abel, who he says is ready to lead.
Buffett said, “The difference in energy level and the bus (abel) can complete how much he can complete in 10 hours day a day of 10 hours, he can complete it on a 10-hour day-more and more dramatic,” Buffett said. Wsj,
